BULLISH 📈 : XRP Forms Triple Bottom as Ledger Reaches $1B Tokenization

XRP Price and Market Structure

  • XRP is near $1.90, forming a triple bottom structure indicating strong support and potential upward reversal.
  • Analyst EGRAG Crypto highlights a "pattern within a pattern" suggesting bullish momentum.
  • Fibonacci extensions suggest potential targets of $9.28 and $31.65, implying a possible upside of 5x to 17x from current levels.
  • No timeline provided, but projections hint at developments between 2026-2027.
  • If XRP falls below $1.85, prices could potentially drop to $1.00.

XRP Ledger Milestones

  • XRP Ledger (XRPL) surpasses $1 billion in tokenized assets.
  • Growth partly due to Binance's support for RLUSD stablecoin, enhancing trading options with XRP and USDT.
  • Stablecoin holdings on XRPL increased by approximately $100 million in January, totaling $407 million.
  • Institutional tokenization on XRPL includes over $145 million in tokenized US Treasuries, rising over 2,800% year-over-year.
  • Ripple positions itself as a leader in tokenization and stablecoin adoption.

SUBBD Funding and Platform Features

  • SUBBD, an AI-based creator platform, is nearing a $1.5 million fundraising milestone.
  • The platform supports content creators through a decentralized fan-economy with a 20% APY staking reward.
  • Aims to revolutionize the $191 billion global content creator market with a Web2-friendly interface.
  • Offers tools for content co-creation, community engagement, and rewards while simplifying crypto complexities.
  • The SUBBD token facilitates payments, tips, access to AI tools, staking rewards, and exclusive content.