XRP ETF: Wall Street’s New Toy Boy? 🚀

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Right, so the crypto market’s decided to dust itself off after a minor freak-out over Trump’s tariff tantrums. Honestly, you’d think they’d never seen a tantrum before. 🙄

Anyway, while everyone was busy panicking, XRP (yes, *that* XRP) decided to have a little party. Apparently, the Teucrium 2x Long Daily XRP ETF has been raking it in for five whole days. Five! Consecutive! Days! Someone get these guys a medal… or at least a decent bottle of Prosecco. 🥂

Teucrium 2x Long Daily XRP ETF: Too Good to Be True? 🤔

Even Eric Balchunas from Bloomberg (aka, the ETF guru) couldn’t help but raise an eyebrow.

And it wasn’t just him. The crypto crowd was all a-twitter (or a-X-ing, whatever the kids are calling it these days). For example:

“Yo, this $XXRP thing’s got that dawg in it fr”

Because nothing says “financial analysis” like a well-placed “dawg.” 🐶

And another one:

“Dayum, that volume is bussin’! Indie projects wildin’.”

Is “bussin'” good? I can never keep up with the slang. 🤷‍♀️

XXRP’s Wild Ride 🎢

So, the Teucrium 2x Long Daily XRP ETF waltzed onto the scene like it owned the place. First day, it closed at $23.37 with a whopping $5.5 million in trading. Not bad for a Tuesday, eh? 😉

Then, things got *really* interesting. By April 9th, the volume had skyrocketed to over $13.3 million, and the price hit $28.92. Someone’s been skipping their latte budget. ☕

The party kept going all week, with April 10th seeing nearly $8.9 million in volumes and a close at $27.07. Don’t spend it all at once, folks! 💸

And then, the grand finale! April 11th, a new high of $29.21 with over $8.5 million in daily trades. It’s like watching a soap opera, but with more numbers and less drama… well, maybe. 🤔

Oh, and 🌟

XRP’s Price: To the Moon? 🚀 (Or Just a Slightly Higher Apartment?)

Despite all the market’s usual melodramas, Bitcoin, Ethereum, and XRP have all been playing nicely in the past 24 hours. But XRP’s being a showoff again, leading the pack with a 3.09% gain. Show off. 🙄

Trading at $2.05 (at the time of writing, anyway – things change faster than my outfit choices on a Saturday night), XRP’s looking like it might actually do something exciting. Especially with Standard Chartered predicting it could hit $5.50 by the end of 2025. That’s a lot of cocktails! 🍹

That would be a whopping 200%+ increase. Suddenly, I’m regretting all those shoes I bought instead of investing. 👠

And apparently, there’s a 59% chance of a U.S-approved Spot XRP ETF by the end of the year. So, maybe this whole thing isn’t just a flash in the pan. Maybe, just maybe, XRP is finally having its moment. 🤷‍♀️

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2025-04-13 01:15