Will XRP’s Price Soar or Sputter? Find Out Today!

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In a move that could be described as either daring or downright ludicrous, Chicago’s very own CME Group – a derivatives behemoth that fancies itself the gatekeeper of financial futures – is set to unleash XRP-based futures upon the unsuspecting masses later today. 🎉

As reported with the enthusiasm of a stockbroker on double espresso by U.Today, the largest derivatives exchange on this side of the Mississippi has kindly reminded XRP holders to “mark your calendars” for this grand occasion. Because, of course, who could forget such a momentous event? 😏

For those who’ve been living under a rock or perhaps binge-watching re-runs of obscure 1980s sitcoms, the announcement of this product dates back to late April – which, in financial circles, is practically eons. The speculation preceding this, of course, was enough to drive any sane person to consider a career change. Or a holiday. 😜

But what does the market say, you ask? The price of XRP has already dipped a modest 3.5% in the lead-up to the big reveal. A thrilling prelude, no doubt. As of now, the token is lingering around the $2.31 mark, which, as CoinGecko reports, is just a stone’s throw from the moon—or perhaps a forgotten penny under the couch cushions. Who’s to say?

Now, what we all really want to know: how will this futures launch affect the price of XRP? Well, when CME debuted its much-hyped regulated Bitcoin futures, it just happened to coincide with the peak of a bullish cycle. Yes, that little blip of glory back in early 2018. So, with history as our dubious guide, the question looms: will XRP follow in Bitcoin’s illustrious footsteps, or is it destined to crash like a poorly planned house of cards? Only time will tell. ⏳

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2025-05-19 11:33