XRP is once again gaining attention in the cryptocurrency market, with financial experts noting its potential as a reliable asset comparable to Bitcoin.
XRP as a Reliable Asset
Some financial experts are convinced that XRP could serve as a reliable store of value. Sal Gilbertie, CEO of Teucrium Trading, discussed considerable profits generated from XRP and stated that this cryptocurrency might become a significant player in the next phase of the market.
Launch of 2x XRP ETF
Teucrium Trading launched the first 2x leveraged XRP ETF in the U.S. called Teucrium 2x Long Daily XRP ETF (XXRP). The company’s president mentioned that the fund has been very successful.
Market and Prospects for XRP
XRP is attracting increasing interest from investors due to improved infrastructure and strong blockchain technology. Its price has jumped over 50% in the past month. The president of Teucrium Trading also mentioned that cryptocurrency could help investors attain significant wealth.
XRP continues to establish itself as a reliable asset in the cryptocurrency market, and the launch of the 2x ETF highlights its growing popularity and investor confidence.