XRP Price Prediction: Swiss Bank accepts Ripple’s RLUSD – billions flowing to XRP?

XRP prices have fallen 2.5% in the last 24 hours, falling to $2.23 as the cryptocurrency market has dropped 4.5% today.

Despite this fall, XRP continued to rise 6% in a week after Switzerland-based Amina Bank became the first international lender to provide custody and trading services to RIPPLE’s RLUSD Stubcoin.

XRP has also risen at an impressive 400% over the past year, making it one of the top 100 coins with the best performance within this time frame.

Also, as the XRP ETF is likely to get approval later this year, long-term XRP price forecasts continue to be extremely encouraging.

XRP Price Prediction – Swiss Bank uses Ripple’s RLUSD – billions flowing through XRP?

This week it was very good for XRP and Ripple, and the latter also announced that they had applied for the US Bank Charter.

On a past day, Zug-based Amina revealed that it has become the world’s first bank to back RLUSD. Swiss lenders plan to expand their associated services in the coming months.

In its own right, this development is already impressive, but it has continued beyond RLUSD expansion news in recent weeks, with Stable Coin also receiving regulatory approval from Dubai’s financial regulator.

This comes in addition to prior approval from NYDFS in New York. This suggests that RLUSD could grow rapidly and become one of Crypto’s top stub coins.

However, such news has not had a sufficient impact on XRP prices, which have fallen along with the broader crypto market. This responded negatively to President Donald Trump’s indication that he would start notifying countries with higher tariff rates ahead of Wednesday’s deadline.

In such a context, XRP still appears to be relatively weak, but there were indications that it could be close to rebound.

Looking at the chart, you can see that its relative strength index (yellow) and its MACD (orange, blue) are beginning to rise from where it was sold.

In the past few days, several large XRP transfers have been spotted, with coins moving $500 million earlier this morning, perhaps as a prelude to a large commercial transaction.

Given this obvious increase in demand, XRP prices can be expected to return to $2.50 by the end of August, but better market conditions and continuous ripple growth could exceed $3.50 by the end of the year.

The Token6900 will raise $150,000 with new pre-sale. Is this the next viral meme coin?

For traders who are turning a blind eye to key tokens such as XRP, the market is nowhere near the promise of new options.

Not only have new ALTs like the SPX6900, SEI, and Pudgy Penguins raided the market with volatility in recent weeks, but there are now several interesting pre-sale coins making rounds.

One of these is token6900 (T6900), a new ERC-20 coin with dot com bubble memes and styling as part of the virus market campaign.

It was released before the pre-pre-pre-pre-pre-pre-pre-pre-school earlier this week and has already raised over $150,000. This is a promising sign of future growth.

Token6900 charges itself as a pure, unlimited meme coin that rests solely on community evangelism and infectious marketing.

It does not promise any utility or basics, but instead appeals to “collective hallucinations of terminally imaginable online traders,” as the website declares.

So, the launch of the coin could coincide with the more bullish end of the year, as SPX6900 and other meme coins aim to capitalize on the same perma ferociousness as they have recently been tapped.

There is no utility in the token6900, but the owner can bet it for passive income.

Investors can buy it now. Visit the Token6900 website. The T6900 is $0.00645.

This increases regularly as sales progress, so traders need to act quickly if they want to lock in the greatest possible profits.

Price forecast after XRP: Swiss Bank uses Ripple’s RLUSD – billions of flowing through XRP? It first appeared on Cryptonews.

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