XRP remains trapped as traders turn to PropiChain’s whitelist presale for gains
The post XRP remains trapped as traders turn to PropiChain’s whitelist presale for gains appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The XRP price is at a make-or-break level, prompting investors to rush to PropiChain’s whitelist presale; analysts project 9,000x gains for PCHAIN’s investors. Ripple (XRP) has reached a key trading level. Traders are waiting for clear bias, leaving the XRP price trading sideways. On the bright side, crypto index fund manager Bitwise filed for an XRP ETP. The XRP ETP filing comes as the U.S. Securities and Exchange Commission continues its legal fight against Ripple, the fintech firm behind XRP. The current Ripple price action has pushed investors to PropiChain’s (PCHAIN) whitelist presale. Thanks to its unique focus on fractional real estate ownership, PropiChain has become a darling of the crypto community. With analysts predicting a slow grind to new highs, joining PropiChain’s whitelist presale has the potential to earn investors 9,000X gains. Will the unpredictable XRP price action benefit PropiChain’s whitelist presale? Let’s find out. XRP price action shows waning momentum Despite its price slumping in the past year, XRP remains a top-ten cryptocurrency. At press time, XRP is trading at $0.5245 per token, a marginal growth of 0.2% in 24 hours. The XRP price gets worse on higher time frames. XRP lost 1.8% of its value in the past year. Recent developments have seen the XRP price action trapped at critical levels. Bitwise filed for an XRP ETP with the SEC, further complicating the securities regulator’s relationship with XRP. “It’s why for the past seven years we’ve helped investors access the opportunities in the space, and we’re excited to continue that work with our filing for a Bitwise XRP ETP,” said Bitwise’s CEO Hunter Horsley in a press statement. Analysts believe an XRP ETF could revive institutional…
Filed under: News - @ October 14, 2024 11:16 pm