Ripple’s New Coins: Will XRP Moon or Crash? 🚀💥

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In a move that surprised absolutely no one who’s been paying attention (so, like, three people), Ripple has gone and minted another 25 million RLUSD coins. Because, you know, the world was clearly running low on digital tokens that may or may not do anything useful. 🪙

RLUSD, the stablecoin that’s supposed to be as stable as a one-legged stool on a trampoline, is now floating around on both Ethereum and XRPL. Ethereum, the blockchain that’s basically the Times Square of decentralized apps, is hosting $125 million of it, while XRPL, the blockchain that’s still waiting for its big break, has a modest $44 million. Business as usual, folks. 💼

Now, you might be wondering, “Will this shiny new $25 million batch of RLUSD make XRP’s price do a backflip?” Short answer: Nope. XRP is currently trading at $2.32, up a whopping 1.6% in the last 24 hours. Which, let’s be honest, is about as exciting as watching paint dry. 🎨

This “uptick” (if you can even call it that) is probably just the market’s way of saying, “Hey, we’re all in this together, even if none of us know what we’re doing.” 📈

But hey, don’t lose hope! If RLUSD somehow becomes the next big thing (because, sure, why not?), it could give XRP a nice little boost. After all, more money for Ripple means more money for… well, Ripple. 💰

With a circulating supply of $170 million, RLUSD is still a small fish in a pond full of USDT and USDC whales. But hey, every whale starts as a guppy, right? 🐋

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2025-03-19 13:19