CandleFocus Rumor: Ripple to be Endorsed by Elon Musk With $104B Investment?
2024-11-28
Author: Content Editor
Elon Musk is reportedly considering a $104 billion investment in Ripple's cryptocurrency, XRP, with a vision to create an "Everything App" that combines social media, payments, and commerce. Musk's endorsement has previously led to success for cryptocurrencies like Dogecoin, and this investment could potentially boost the credibility and adoption of XRP. It may also have an impact on decentralized finance, enabling faster and cheaper transactions. Even without Musk's investment, XRP is already positioned for a significant role in the crypto industry.
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