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TronWeekly

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XRP Institutional Push Begins: Futures Live on CME, Big Players Join In

  • XRP Futures have debuted on CME, signifying increased institutional engagement and credibility for the cryptocurrency in regulated financial markets.
  • Institutional prime broker Hidden Road completed the first block trade on the platform, indicating the entry of significant players into the XRP market.
  • Despite XRP's stagnant price at $2.34, historical indicators suggest the potential for a significant surge in price in the long term.
  • Market analysts believe that XRP's technical indicators point towards a bullish outcome, with a potential price target of $27 based on past performance and institutional support.

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