XRP Price Boom in Crosshairs as Traders Expect Short Squeeze Fueled Rally
2025-06-03 05:47
XRP’s open interest near $4 billion indicates intense speculative positioning, but history suggests the potential for a sharp rally if key catalysts align.
Odaily Planet Daily News: Arthur Hayes posted on social media today that the market has completed a "cycle", and the spirit of the 2017 ICO has now been transformed into a cryptocurrency IPO boom for 2025-2027. This is the beginning of a frenzy, which will ultimately end in an IPO that attracts huge amounts of fiat currency like EOS and experiences a sharp drop at the opening