1.5 billion profits in 24 hours: Ripple’s RLUSD ignites the crypto market

The long-awaited moment has arrived: Ripple has finally launched its stablecoin, RLUSD. And it’s not just another crypto on the market. Traders saw this as a golden opportunity, transforming this news into a real profit lever. But beyond the initial euphoria, what are the real impacts of this entry on the scene? An analysis is required.

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Ripple RLUSD: a launch that shakes up the market

Ripple news: Brad Garlinghouse's company hit hard with the launch of RLUSD, a stablecoin that promises the stability of a fiat currency and the efficiency of blockchain. In a few hours, this newcomer took up residence on major crypto exchanges such as Uphold, MoonPay and Bitso.

The result? XRP, Ripple's flagship crypto, jumped 10%arousing a profit frenzy among investors, who collected nearly 1.5 billion dollars in 24 hours.

But that's not all:

  • The “whales” have acquired 800 million XRP tokensor almost 2 billion dollars;
  • The RSI and the Stochastic Oscillator show overbought levelsa warning signal for some traders;
  • With resistance at $2.58 and a potential peak at $4.75XRP remains at the heart of strategic debates.

According to Ripple, RLUSD is designed to offer “ instant global payments, accessible 24/7 “. An asset that could redefining altcoin standards.

Crypto traders face a unique opportunity

The rise of the RLUSD stablecoin does not only benefit Ripple. Crypto traders found in this event a real gold mine. While some have taken their massive winnings, others are betting on a future price explosion.

distribution-offer-whales-XRPdistribution-offer-whales-XRP
XRP Whale Supply Distribution – Source: Santiment

What attracts attention is market resilience : despite liquidations exceeding $26 million, buyers are holding on.

However, caution is the mother of safety. Massive profit taking and current consolidation around $2.58 portend a local summit.

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However, whales, these influential players in the crypto market, continue to buy, fueling hopes of a rally towards $4.75. The risks are great, but the rewards could be historic.

Ultimately, RLUSD did not just announce a storm: it is a tsunami that is shaking the crypto scene. With Ripple at the helm, this dynamic could redefine the rules of the game for a long time. To be continued!

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