Bulls Push XRP Above $0.65 Resistance, Potential for $1 XRP?
XRP surges 10.5% to $0.68. Can it hit $1? Bitcoin's rise sets stage. SPONGE meme coin gains traction, aiming for $1 faster?
![image Edmund](https://image.coinlive.com/24x24/cryptotwits-static/2488f86d7c9c42855a452b202bf85f6c.png)
XRP surges 10.5% to $0.68. Can it hit $1? Bitcoin's rise sets stage. SPONGE meme coin gains traction, aiming for $1 faster?
Recommended reading for tonight: 1. Encryption narrative changes too fast. How to choose encryption narrative for investment; 2. Bixin Ventures: DLC.Link technology and product interpretation; 3. RootData: 2023 Web3 industry development research report and annual list;
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From May 8, 2022, UST has been slightly unanchored and has been operating "underwater" for a long time, causing market panic. The giant whales continued to sell UST, and finally formed a death spiral. The lowest price of UST hit $0.21, and LUNA was wiped out.
According to the FTX market, UST has fallen to $0.62, which has seriously broken the anchor.