Gemini Token Changed The game 😱 For All XRP Hodlers: You Wont Believe This

Gemini Token Changed The game: Gemini Coming 

IPOs, key support level, and everyone going bearish on XRP, well guess what, that is not  the thing to do. Yes, the market's taking a dip, yes there is uncertainty about Friday, but that doesn't mean that the work doesn't continue, it doesn't mean that for the longest time we've waited for the breakout on XRP and what, well, at 3 bucks we can wait just that little bit longer. There is some key things going on around the scenes that you guys need to be totally aware of and more importantly, what is the next big move that's going to push XRP well above 4 bucks? 

So we talked about Gemini's IPO yesterday and the list seems to go on and with all these new IPOs, well, always seems to be the RLUSD or XRP has been talked about. In fact, the Gemini IPO is important because there is a continuation of that $75 million for their credit card.

And the fact of the matter is that the corporation behind Gemini Exchange, founded by the Winklevoss twins, which are obviously super early adopters of Bitcoin, they disclose they have entered into a credit agreement with Ripple, allowing them to make lending requests from time to time with each one being no less than $5 million up to the initial commitment of around $75 million. The sum may vary slightly, but will not exceed $150 million and everything must be secured by collateral. This is a very interesting way of looking at it.

Basically, Ripple could potentially finance some of the IPO launch that comes in Gemini. Now, if you allow yourself to put a tinfoil hat on, you could say, well, is Ripple kind of testing the waters? Are they looking at how this would work? What does it cost and how can they offset some of that initial cost? Well, they can do it with this. And more importantly, a financing bears an interest rate of over six and a half to 8.5%, which, guess what, is repaired in USD

This in my opinion, is almost like a seeding way for Ripple to start to produce their own IPO, which again, I've talked about a number of times on the channel that I think is coming by the end of the year. I don't actually think they'll launch the IPO. I think we'll just get that announced. But this is a very important note.

The more that we see the Gemini IPO get exposed, I think you're going to start to see Ripple really understand what's going on, allowing them to really set themselves up for the IPO launch. And again, when you talk about IPOs, Bullish just launched their IPO as Wall Street now is watching on-chain settlement unfold.

Bullish lands back. IPO shattered a precedent with a 1.15 billion settled entirely on-chain using RLUSD and  leading stable coins, igniting a new era for digital capital markets. I think this is the reality here.

Understand how crazy this is. A massive 1.15 billion dollar settlement on-chain is absolutely the first step in a totally different way that the finance market works. And lo and behold, it's done with RLUSD. Now, the only thing that would have been slightly better than that would have been if it was XRP. But I get it. It has to be stable coins.

Now, besides RLUSD, the broader settlement did include a diverse basket of stable coins from things like USD, again, Euro coin, PayPal, global dollar, USD convertible, as well as the rest of it as well. The event reflects RLUSD's growing institutional footprint and Gemini's NASDAQ IPO filing. So everything is kind of leading back into Wall Street and these IPOs.

And if you don't see what's going on, I don't know what else to tell you. This is going to be super important. And like I said, it's going to be very big for XRP holders alike.

We know Brad Gallinghouse has come out and said XRP will still be at the forefront of  what Ripple's building. RLUSD is almost going to be that big institutional player that many people are going to get. The fact here that this was all settled on the XRPL and by the way, the President Donald Trump affiliated USD one kind of tells you exactly where we get to.

Brad Gallinghouse is sitting at the same table of which the Trumps are. And more importantly, they are all going in the right direction, which is a global adoption of cryptocurrency. More recently, and I talked about this in my previous Bitcoin update, Bo Heinz heading over to Tether as well, sort of starts to put all the pieces into the puzzle.

And that's where, once again, we're sort of going down a little bit of a crazy rabbit hole. You allow yourself in the world of, well, is the market dumping for a specific reason? And the reality here is probably Wall Street wants to get in. Many big players want to get in.

And if you don't see what's going on, I don't know what else to tell you. This is going to be super important. And like I said, it's going to be very big for XRP holders alike.

We know Brad Gallinghouse has come out and said XRP will still be at the forefront of what Ripple's building. RLUSD is almost going to be that big institutional player that many people are going to get. The fact here that this was all settled on the XRPL and by the way, the President Donald Trump affiliated USD one kind of tells you exactly where we get to.

Brad Gallinghouse is sitting at the same table of which the Trumps are. And more importantly, they are all going in the right direction, which is a global adoption of cryptocurrency. More recently, and I talked about this in my previous Bitcoin update, Bo Heinz heading over to Tether as well, sort of starts to put all the pieces into the puzzle.

And that's where, once again, we're sort of going down a little bit of a crazy rabbit hole. You allow yourself in the world of, well, is the market dumping for a specific reason? And the reality here is probably Wall Street wants to get in. Many big players want to get in.

Down and when can you take some profits? Well, there is a number of things happening right now.

A $3 support, which, by the way, we have just broke underneath, but there is alleged conversations going on with Uber, Amazon and many others, all looking for a rapid growth on XRPL aligned with something like BXC coin, which is all about blockchain transactions. And we just talked about how big that was as well. So is $3 a legitimate price point? Well, let me take a look at the chart right now.

It's around $2.86. The key level here breaking down below that $2.88 line that I had. We could see this drop to about $2.76, depends what the market structure looks like, depends what Bitcoin does. But what we do know is there is a significant amount of liquidity already been wiped out of XRP.

So the reality is a slight bullish move in the market. XRP is skyrocketing well above $4.20 until we start to hit some of this key volatility range here and where we actually see a little bit of sell pressure and more importantly, a little bit of volume in these charts. So again, very interesting going on.

I think all eyes are on these IPOs. All eyes are going to be on Gemini and what that looks like, specifically if you're an XRP holder. And I think we could be in for a very interesting few weeks, maybe even the next month as the market starts to incite Wall Street and they start to come in big.

And this is all before potential rate cuts, money printing, and finally those XRP ETFs. So lots of bullish news as always. We're keeping you up to date with exactly what's going on, giving you the facts to make sure your portfolio is dialed in this bull market.

let everybody know what's going on with XRP. And don't forget to hit that subscribe button for daily content here in the cryptocurrency market. Until next time.

Thanks so much for reading We'll see you in the next one.