The bottom line of the $XRP convergence remains solid and unbroken. The end of this convergence will be reached within two days. The next move will begin soon. Q2 put $PDD back on the tape. Revenue climbed 8% to RMB 112.4B and still came in light. Earnings beat. Net profit slipped about 12% on heavy investment. Premarket trade swung hard, near 10%. Analysts now map the stock from roughly $80 to $127. The fight is over pace: slower China, costly Temu, thinner near-term growth.Valuation is cheap. The path isn’t. $PDD perpetuals are also available on BingX TradFi.