💥 Ripple is preparing to raise a billion dollars!

Ripple Labs – the issuer of currency $XRP – is leading efforts to raise at least a billion dollars to create a new digital treasury dedicated to digital assets, according to Bloomberg. 🏦

This move could provide some support for XRP after its decline of about 23% last month amid a general downturn in the crypto market.

📉 Current price: approximately $2.35

📆 Recent drop: to the lowest level in 11 months last week

📈 Expectations suggest a gradual improvement in performance if the plan succeeds in enhancing liquidity and trust in the project.

$XRP

XRP
XRP
2.0329
-0.33%

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