XRP IS FALLING! THIS IS GOOD! RIPPLE'S NEW BUSINESS STARTS IN 24 HOURS! (BLACKROCK WANTS IN!)

Ripple is poised for significant growth with the launch of its new business, RL USD, a stablecoin that could generate substantial profits and attract investment from companies like BlackRock. XRP's price performance has been positive recently, with trading volume exceeding that of Bitcoin and Ethereum on Coinbase, potentially signaling a bullish trend, though some price volatility is expected. The speaker believes the stablecoin launch could significantly benefit XRP and offers a positive outlook for the token in the long term.

XRP Price & Trading Volume

• 00:00:54 XRP's price has been showing strength with a positive trend line since early November, and the speaker holds a long position. The trading volume for XRP recently surpassed the combined volume of Ethereum and Bitcoin on Coinbase, indicating high investor interest. The speaker also discusses potential price movements and volatility, noting possible dips to the $2-$3 range but remaining optimistic about the long-term potential.

Ripple's New Business

• 00:00:03 Ripple is set to launch a new business in the next 24 hours, focused on the stablecoin market, called RL USD. This stablecoin could potentially achieve similar success to Tether, generating significant profits and attracting investment from large financial institutions like BlackRock. The speaker speculates that the business could add hundreds of millions of dollars to Ripple's balance sheet quarterly.

Altcoin Season

• 00:02:25 The crypto market is experiencing an altcoin season with many cryptocurrencies showing significant gains, particularly those from the last bull run. The speaker highlights that some newer cryptocurrencies and meme coins are underperforming, while a majority are experiencing significant growth. This trend suggests a shift in investor attention towards altcoins and a potential positive outlook for alternative cryptocurrencies.

Stablecoin Market

• 00:04:47 The stablecoin market is massive and growing, with Tether as a leading example of its profitability. The speaker suggests that RL USD could capture a significant portion of the market and generate substantial profits for Ripple. BlackRock's interest in the stablecoin market and a potential xrp ETF adds to the positive outlook for both the stablecoin and XRP.

BlackRock's Interest in Ripple

• 00:07:20 BlackRock has expressed its interest in the stablecoin market and could potentially invest in Ripple through the launch of an xrp ETF. The potential for such an investment could be a significant catalyst for future growth of XRP. While there's no definitive timeline for this, the speaker believes BlackRock's interest signifies a positive trend for Ripple and its token, XRP.