It’s been a wild ride in the crypto world, folks! Fear, uncertainty, and doubt (FUD) have been the order of the day, especially after that pesky Bybit hack caused a ruckus in the cryptocurrency space. But, as they say, when life gives you lemons, make lemonade – or in this case, when FUD hits, XRP soars! 🌊
XRP leads altcoin surge amid Bitcoin outflows
According to CoinShares, digital asset investment products saw a net outflow of $508 million, with Bitcoin being the main culprit. Yes, you read that right – folks are pulling out of the king of crypto! But, on the other hand, XRP is raking it in with a whopping $38.3 million in inflows. It seems investors are getting a little tired of the same old Bitcoin and are looking to other altcoins for excitement. 🤑
Analysts think XRP’s strong inflows are a sign of growing confidence in its future, perhaps due to
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2025-02-24 19:16