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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Recently, the trends in the crypto assets market have sparked widespread discussion. Some believe that the bull run has ended, but in fact, the market over the past two years has resembled more of a monkey market. The real bull run may still require waiting, possibly arriving in a few months, a year, or even a few years.
In this process, many investors may exit the market due to impatience. It is also worth noting that several Crypto Assets projects may disappear before the next bull run arrives.
We need to be clear that the overall market and the performance of individual coins differ. Major coins may show a bull run trend, while most small coins may still be in a bear market.
Looking back at the market logic of the first half of the year, it is expected that more than 70% of small coins may eventually go to zero. In fact, in recent months, some exchanges have gradually delisted certain coins, which is already a clear signal.
One important reason for this phenomenon is that there are too many Crypto Assets in the market, while the amount of funds is relatively limited. This supply-demand imbalance has made it difficult for many projects to sustain.
For investors, this period is both challenging and full of opportunities. The key is to remain patient, carefully select investment targets, and always pay attention to market trends and project developments. In this rapidly changing industry, only participants with a long-term vision and the right strategy can achieve success in the future bull run.