BullRun2024.
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The Bull Run Begins: The Loss of BTC Dominance Opens Opportunities in the Market.
In the vibrant and dynamic cryptocurrency market, price movements and trends set the pulse for traders around the world. Today, attention is focused on the "bull run", a term that describes a period of widespread increase in markets. This phenomenon has become relevant following the recent decline in the value of Bitcoin, the largest cryptocurrency by market capitalization, and is generating a frenzy of activity among traders looking to capitalize on these opportunities.
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The creation of a derivatives market on the XRP Ledger (XRPL) could be a significant milestone for the XRP ecosystem and the crypto market in general. Here I explain what it would imply and what benefits or challenges it could bring:
What are crypto derivatives?
Derivatives are financial contracts whose value depends on the price of an underlying asset, such as a cryptocurrency. Some common examples are:
• Futures: Contracts to buy or sell an asset at a predetermined price in the future.
• Options: Right (but not obligation) to buy or sell an asset at a specific price.
• Perpetuals: Contracts without an expiration date that allow traders to speculate on the price of an asset.
In the crypto market, derivatives are key tools for:
1. Hedging: Protecting against price volatility.
2. Speculation: Taking advantage of price movements with leverage.
3. Liquidity: Increasing activity in the underlying market.
What would it imply to build a derivatives market on XRPL?$XRP #TopCoinsSeptember
#Bullrun2024.
#BinanceSquareFamily
#BTC☀️
What are crypto derivatives?
Derivatives are financial contracts whose value depends on the price of an underlying asset, such as a cryptocurrency. Some common examples are:
• Futures: Contracts to buy or sell an asset at a predetermined price in the future.
• Options: Right (but not obligation) to buy or sell an asset at a specific price.
• Perpetuals: Contracts without an expiration date that allow traders to speculate on the price of an asset.
In the crypto market, derivatives are key tools for:
1. Hedging: Protecting against price volatility.
2. Speculation: Taking advantage of price movements with leverage.
3. Liquidity: Increasing activity in the underlying market.
What would it imply to build a derivatives market on XRPL?$XRP #TopCoinsSeptember
#Bullrun2024.
#BinanceSquareFamily
#BTC☀️
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$THE moment of buying, don't panic the Bull Run is coming to 3 USD it has always been like this since its launch we are heading towards 3 USD it is time to buy and hold $THE
#Bullrun2024.
#THENA
#Bullrun2024.
#THENA
2024 is shaping up to be a big year for $XRP .
With growing adoption, regulatory clarity,
and use cases expanding, the stage is set for a major move. 🚀 Are you ready for the next wave? #XRPGoal #Crypto #BullRun2024.
.
Ripple ($XRP ) price per day from
March 18, 2022 to December 11, 2024.
With growing adoption, regulatory clarity,
and use cases expanding, the stage is set for a major move. 🚀 Are you ready for the next wave? #XRPGoal #Crypto #BullRun2024.
.
Ripple ($XRP ) price per day from
March 18, 2022 to December 11, 2024.
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XRP $XRP
✓ Buy in the red market
✓ Ripple stablecoin
✓ SEC resolved January 2025
✓ Bet on a Good LONG x30
✓ Wait
#Bullrun2024. #BullRun2025
✓ Buy in the red market
✓ Ripple stablecoin
✓ SEC resolved January 2025
✓ Bet on a Good LONG x30
✓ Wait
#Bullrun2024. #BullRun2025