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$XRP is trading near a 29-day low, hovering just above $1.01.
The token’s recent performance has raised questions about institutional interest, especially after Grayscale quietly abandoned its ETF plans for Cardano, Polkadot, and Hedera.
XRP’s 7-day decline is sharper than the broader altcoin market, which has seen a 0.8% rise over the same period.
That’s a stark contrast to the usual pattern - and it’s making some wonder if the token is losing favor with larger players.
Is this a sign of broader liquidity shifts, or is XRP being left behind in the institutional race?
—
Not financial advice. DYOR.
📌 Hotspot Watch · #265 · #CryptoTrends #CryptoSighted $XRP
The token’s recent performance has raised questions about institutional interest, especially after Grayscale quietly abandoned its ETF plans for Cardano, Polkadot, and Hedera.
XRP’s 7-day decline is sharper than the broader altcoin market, which has seen a 0.8% rise over the same period.
That’s a stark contrast to the usual pattern - and it’s making some wonder if the token is losing favor with larger players.
Is this a sign of broader liquidity shifts, or is XRP being left behind in the institutional race?
—
Not financial advice. DYOR.
📌 Hotspot Watch · #265 · #CryptoTrends #CryptoSighted $XRP
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