7 0
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.