🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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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,
Recently, the TaleX platform has taken an important measure by locking 85% of the total non-circulating $X Token, which amounts to 850 million pieces, on-chain through the PinkLock mechanism. This decision not only demonstrates TaleX's responsible attitude towards the market but also reflects its strategic direction of pursuing long-term value and stable development.
This move will undoubtedly enhance investors' confidence in the TaleX project, while also helping to maintain the healthy development of the Token ecosystem. By locking up the majority of non-circulating Tokens, TaleX effectively reduces market supply pressure, providing strong support for the stability of Token value.
It is worth noting that TaleX has chosen a transparent approach for Token locking, a practice that has won widespread acclaim from the community. In the context of the current volatility in the cryptocurrency market, this move by TaleX undoubtedly sets a good example for the entire industry, demonstrating a high regard for user interests and a strong confidence in the long-term development of the project.
With the continuous development of blockchain technology, more and more projects are beginning to focus on long-term value creation. TaleX's recent Token lock-up action is not only a commitment to the future of its own project but also contributes to the healthy development of the entire crypto ecosystem. We look forward to seeing more similar responsible behaviors that will drive the entire industry towards a healthier and more sustainable direction.