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Ripple CTO Reveals Painful Truth About XRP $3.84 ‘ATH,’ Litecoin ETF Likely Next to Be Approved, Expert Says; Shiba Inu Awaits 64 Trillion Level: Crypto News Digest by U.Today
In a recent interview, Ripple’s Chief Technology Officer (CTO), David Schwartz, revealed some harsh truths about the current state of XRP and its potential future. According to Schwartz, the current ATH (All-Time High) of $3.84 is not only unsustainable but also has no real basis in reality.
He emphasized that the crypto market is still vulnerable to significant downturns, citing the recent collapse of FTX as an example of how quickly fortunes can change. In response, investors should adopt a more cautious approach and not get caught up in the hype surrounding XRP.
In related news, a prominent expert has suggested that Litecoin’s ETF (Exchange-Traded Fund) is likely to be approved next by regulatory bodies. This move could have significant implications for the broader crypto market, as it would further legitimize digital assets among mainstream investors.
Meanwhile, Shiba Inu enthusiasts are eagerly awaiting the token’s potential surge to a staggering 64 trillion level. While this may seem like an impossible feat, some analysts believe that with increased adoption and institutional investment, such astronomical growth could be possible in the near future.
It remains unclear what exactly drives Shiba Inu’s impressive performance, but one thing is certain: it has garnered significant attention from investors worldwide.
Source: u.today
