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Ripple’s Schwartz Explores Memecoin Liquidity Tied to XRP

27d ago
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Ripple CTO NFTs XRP

David Schwartz, CTO at Ripple, recently shared insights on how liquidity flows in memecoins on the XRP Ledger (XRPL) are intricately linked to XRP’s price fluctuations. According to Schwartz, many of these tokens derive nearly all their liquidity from an Automated Market Maker (AMM) that pairs XRP with the respective memecoin. Price Linkage and Impact …

The post Ripple’s Schwartz Explores Memecoin Liquidity Tied to XRP appeared first on Cryptoknowmics-Crypto News and Media Platform.

27d ago
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bearish:

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