XRP Investors Have a New Strategy, and It's Straight From the Playbook of Bitcoin Legend Michael Saylor
After the 2024 presidential election, XRP (CRYPTO: XRP) skyrocketed by nearly 600%, hitting a 52-week high of $3.39 in January. Although it has cooled off considerably since then, that brief run was enough to galvanize investors from around the world to find creative new ways to get exposure to XRP.What's happening now is unprecedented in the history of XRP. Companies in industries not even tangentially related to crypto or blockchain are suddenly deciding to add XRP to their balance sheets.What do a Chinese transportation solution provider, a London-based renewable energy company, and a Florida-based pharmaceutical company have in common? They're all raising tens of millions of dollars and using that money to buy as much XRP as they can.Continue reading
After the 2024 presidential election, XRP (CRYPTO: XRP) skyrocketed by nearly 600%, hitting a 52-week high of $3.39 in January. Although it has cooled off considerably since then, that brief run was enough to galvanize investors from around the world to find creative new ways to get exposure to XRP.
What's happening now is unprecedented in the history of XRP. Companies in industries not even tangentially related to crypto or blockchain are suddenly deciding to add XRP to their balance sheets.
What do a Chinese transportation solution provider, a London-based renewable energy company, and a Florida-based pharmaceutical company have in common? They're all raising tens of millions of dollars and using that money to buy as much XRP as they can.
