Explode Your Profits: Exclusive Insights on XRP Holdings & Shibarium’s Quixotic Future
news
2 min read
Ripple Unveils Its XRP Holdings in New Report, Shiba Inu Key Dev Makes Important Shibarium Clarification, Grayscale Dogecoin Trust Goes Live: Crypto News Digest by U.Today
In the latest news from the world of cryptocurrency, Ripple has unveiled its XRP holdings in a new report. According to the report, the company holds approximately 99 billion units of XRP, which is roughly 48% of the total XRP supply.
This information comes as Ripple continues to expand its services, including cross-border payments and financial inclusion initiatives. The transparency move aims to provide clarity on the company’s holdings and commitment to supporting the growth of the XRP ecosystem.
Separately, a key developer at Shiba Inu has made an important clarification regarding Shibarium, the highly anticipated Layer 1 blockchain protocol designed specifically for the SHIB community. In a recent statement, the developer emphasized that Shibarium is not meant to be a rival network to Ethereum or other existing platforms but rather a tool aimed at empowering creators and developers within the Shiba Inu ecosystem.
It appears that this announcement was made in response to market rumors suggesting that Shibarium would supplant these established networks. It’s clear now that such rumors were unfounded, and the project remains focused on its core mission of promoting decentralized development within the SHIB community.
Meanwhile, Grayscale has officially launched a new trust, dubbed Grayscale Dogecoin Trust (DOGE), which allows institutional investors to gain exposure to DOGE, one of the most popular meme-based cryptocurrencies. According to reports, this move underscores Grayscale’s dedication to creating inclusive investment vehicles for traditional finance (TradFi) investors.
As the crypto market continues to evolve and present new opportunities for growth, it’s essential for both individuals and institutions to stay informed about these developments.
Source: u.today
