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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Pi Network (PI) is down 15% for the week and is currently trading near $0.6894, with analysts warning of a possible price decline. Despite its brief rally in early May, the coin has plummeted more than 75% since almost reaching $3 in February. With more upcoming tokens and over 600 million tokens unlocked, PI is now facing additional selling pressure. While Pi Network recently set up a $100 million venture capital fund to help with e-commerce, fintech, gaming, and artificial intelligence, technical indicators show that the cryptocurrency is still in a downtrend.