🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
XRP Shows Resilience with Positive 6-Month Cost Basis
XRP has demonstrated a degree of resilience in the cryptocurrency market, maintaining a positive 6-month cost basis despite prevailing macroeconomic headwinds. This suggests that a significant portion of XRP holders have been in profit over this period.
Defying Broader Market Trends
While many cryptocurrencies have experienced volatility and price declines due to macroeconomic factors, XRP's ability to maintain a positive cost basis indicates underlying strength. This performance sets it apart from some of its peers in the digital asset space.
Signs of Slowing Momentum
However, despite this positive long-term trend, some technical indicators suggest that XRP's upward momentum may be slowing. Traders are advised to monitor these indicators closely for potential shifts in market dynamics.
Balancing Positive and Cautious Signals
The combination of a positive 6-month cost basis and potentially slowing momentum presents a mixed outlook for XRP. While long-term holders may remain optimistic, short-term traders should exercise caution and watch for confirmation of either a continuation of the uptrend or a potential correction.