1.5 Billion In Profits In 24 Hours: Ripple’s RLUSD Sets The Crypto Market On Fire

The long-awaited moment has arrived: Ripple has finally launched its stablecoin, the RLUSD. And it’s not just another crypto on the market. Traders have seen it as a golden opportunity, turning this news into a true profit lever. But beyond the initial euphoria, what are the real impacts of this entry on stage? An analysis is necessary.

Ripple RLUSD: a launch that shakes up the market

The Ripple news: Brad Garlinghouse’s company has hit hard with the launch of the RLUSD, a stablecoin that promises the stability of a fiat currency and the efficiency of blockchain. In just a few hours, this newcomer has settled on major crypto exchanges like Uphold, MoonPay, and Bitso.

The result? XRP, Ripple’s flagship crypto, jumped by 10%, sparking a profit frenzy among investors, who made nearly $1.5 billion in 24 hours.

But that’s not all:

• “Whales” acquired 800 million XRP tokens, worth nearly $2 billion;
• The RSI and stochastic oscillator show overbought levels, a warning signal for some traders;
• With resistance at $2.58 and a potential peak at $4.75, XRP remains at the heart of strategic debates.

According to Ripple, the RLUSD is designed to offer “instant global payments, accessible 24/7“. An asset that could redefine the standards of altcoins.

Crypto traders facing a unique opportunity

The rise of the RLUSD stablecoin is not only benefiting Ripple. Crypto traders have found in this event a true gold mine. While some have taken their massive profits, others are betting on a future price explosion.

What catches attention is the resilience of the market: despite liquidations exceeding $26 million, buyers are holding strong.

However, caution is the mother of safety. Massive profit-taking and the current consolidation around $2.58 suggest a local peak.

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Yet, whales, those influential actors in the crypto market, continue to buy, fueling hopes for a rally towards $4.75. The risks are high, but the rewards could be historic.

Ultimately, RLUSD has not just announced a storm: it is a tsunami shaking the crypto scene. With Ripple at the helm, this dynamic could redefine the rules of the game for a long time. A case to follow!