The BUN COIN token was created yesterday, with a market capitalization exceeding US$6 million and a current market capitalization of US$3.4 million.
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Beyond technicals, some bullish fundamentals are also keeping XRP proponents optimistic. A widely discussed factor is the approval of XRP ETFs. A decision from the SEC is due next month. Industry leaders, including the CEO of Canary Capital, have stated that these products could attract up to $5 billion in their debut month. Based on this optimism, some are calling for XRP prices to exceed $10.
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Bitcoin, Stocks Hit by $400B Liquidity Drain From U.S. Treasury Account, Not Jackson Hole: Analysts (CoinDesk): Coinbase’s head of institutional research, David Duong, said traders are cutting risk ahead of new Treasury issuance, while Marcus Wu, a research analyst at Delphi Digital, said lower bank reserves and weaker foreign demand make conditions shakier than in 2023.
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