🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
In the #SPK# crypto assets market, an emerging lending protocol $SPK is attracting the attention of investors. Currently, the token price of this protocol is around 0.068, providing potential get on board opportunities for investors.
$SPK, as an innovative lending platform, is backed by a user base from the MKR ecosystem, providing a solid foundation for its development. Notably, the total locked value (TVL) of SPK has surpassed 7.361 billion and continues to set new records, demonstrating strong growth momentum.
However, compared to its rapidly growing TVL, SPK's market cap is only 100 million, and this obvious mismatch may indicate that it is currently severely undervalued by the market. From an investment perspective, this discrepancy may signal the potential for future price increases.
For interested investors, a preliminary target price of 0.1 can be set in the short term. However, it should be noted that the Crypto Assets market is highly volatile, and investors should remain patient and operate cautiously.
At the same time, the entire Crypto Assets market is showing positive signals. AI-related Tokens are performing outstandingly, and the market for small cryptocurrencies ( commonly known as "Shanzhai coins" ) is also starting to warm up. In addition, long-term holders on the Binance platform ( HODLer ) will also receive an airdrop of OPEN Tokens, all of which bring new vitality to the market.
Overall, the development trend of $SPK is worth following, but investors still need to comprehensively assess risks and returns when making decisions.