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XRP Price Eyes $3 as New Ripple ETF Amasses $40M in Net Assets

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Summary
Nutrition label

63% Informative

XRP price has reversed from its recent multi-week high of $ 2.30 to trade at$2.18 at press time.

Despite this slip, Ripple still eyes gains past $ 3 despite its recent reversal after the first Ripple ETF in the US amassed $ 40 M after trading for less than three weeks .

Teucrium ’s CEO told Bloomberg that XRP has the most utility among other crypto coins.

Whales are also accumulating Ripple and recently bought 230 M tokens.

The high interest from whales and institutions shows a bullish outlook towards XRP value.

VR Score

40

Informative language

26

Neutral language

40

Article tone

formal

Language

English

Language complexity

35

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not offensive

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not hateful

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not detected

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not detected

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short-lived

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