Hello, curious minds! Let's take a stroll through the February market landscape.
First off, the world of tokens and NFTs (digital collectibles) has been bustling! Active traders in the token market leaped to 24,721 - a warm welcome to new faces! The trading volume? A cool $188.8M, with the decentralized exchanges bustling at $16.3M.
NFTs weren't left behind; 7,539 active traders decided to dive into this vibrant market. Together, they moved a volume of $389k. It's like a small town coming together to trade art, but digitally!
What's fascinating is the rise in activity compared to January. It shows people's growing interest in digital assets, from tokens that represent a stake in a project to unique digital art pieces.
The market's had its ups and downs, but February's been kind to us. The increase in active traders and the volume of trades shows a robust interest and confidence in the market.
With opportunity comes risk. For traders and investors, it's crucial to have your wits about you. Research, diversify your investments, and never put all your eggs in one basket!
Remember, whether you're a seasoned trader or just curious about the digital market, there's always something new to learn.
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XPMarket is the first #XRPL app listed and validated on Magic Square!
During the validation process we received:
1. 8500+ unique voters! WOW!
2. 87% have voted in favour of XPMarket
3. 4.93
4. Validation score of 4.4
Check it out: https://magic.store/app/xpmarket
Follow us on:
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Weekly #XRPL Market Review: Are We So Back?
Hey folks, let's chat about past week in the XRPL market, 2024 week 9.
This week, the NFT scene saw a bit more action with 2,042 traders getting busy (up from 1,866). Trading volume more than doubled to $148K. Seems like there's a bit more excitement in the air, or maybe just a couple of big sales skewing the numbers.
On the tokens front, we had a slight dip in the number of traders, but the number of trades themselves actually went up to 141,754. And DEX volume hit $5.7M. Looks like despite the ups and downs, there's steady interest in decentralized trading.
But here's the thing - while the numbers are up, it's a reminder of how unpredictable this world can be. A big spike in NFT prices and a surge in DEX volume could mean lots of things, but volatility is definitely one of them.
Opportunities? Absolutely. The NFT market's buzzing, and there's a clear push towards decentralization in the token space. It's an exciting time with plenty of room for new ideas and projects.
So, what's the takeaway? Keep an eye on the market, expect the unexpected, and maybe don't put all your eggs in one basket.
Stay smart and stay curious!
#XRP #Crypto #NFTs
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Hey folks, let's chat about past week in the XRPL market, 2024 week 9.
This week, the NFT scene saw a bit more action with 2,042 traders getting busy (up from 1,866). Trading volume more than doubled to $148K. Seems like there's a bit more excitement in the air, or maybe just a couple of big sales skewing the numbers.
On the tokens front, we had a slight dip in the number of traders, but the number of trades themselves actually went up to 141,754. And DEX volume hit $5.7M. Looks like despite the ups and downs, there's steady interest in decentralized trading.
But here's the thing - while the numbers are up, it's a reminder of how unpredictable this world can be. A big spike in NFT prices and a surge in DEX volume could mean lots of things, but volatility is definitely one of them.
Opportunities? Absolutely. The NFT market's buzzing, and there's a clear push towards decentralization in the token space. It's an exciting time with plenty of room for new ideas and projects.
So, what's the takeaway? Keep an eye on the market, expect the unexpected, and maybe don't put all your eggs in one basket.
Stay smart and stay curious!
#XRP #Crypto #NFTs
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AMMs are coming to the XRP Ledger, and it's important to understand what this means for everyone using it. #AMM, or Automated Market Makers, are a way to trade digital currencies directly, without needing a traditional exchange. This is a big step towards making trading more accessible and fair for everyone.
The main idea behind AMMs on the #XRPL is to allow for more decentralization. This means that the system is not controlled by any single entity, which helps make it more secure and transparent. Everyone can see what's happening on the ledger, and this openness builds trust.
Adding AMMs to the XRPL will also improve liquidity. This term might sound complex, but it simply means making it easier to buy or sell digital currencies without affecting their price too much. It's good for the market because it means more people can trade without worrying about big price changes.
However, there are some challenges to be aware of. Impermanent loss is one of them. It happens when the prices of the currencies you're trading change a lot, and it can mean you don't get back as much as you expected. It's something to watch out for, especially with volatile assets.
Slippage is another issue. This is when the price changes between when you start a trade and when it's completed. It can be a problem in pools with less money or when prices are moving quickly.
Rug pulls are a risk too. This is when a project looks promising but then suddenly shuts down, leaving people with worthless tokens. It's a reminder to do your research before investing.
In short, AMMs on the XRPL are set to make trading easier and more open. They offer a lot of benefits, like better transparency and more chances for everyone to participate. But like anything in crypto, it's important to be careful and understand the risks.
Read on Twitter
Coming soon: https://xpmarket.com/amm
The main idea behind AMMs on the #XRPL is to allow for more decentralization. This means that the system is not controlled by any single entity, which helps make it more secure and transparent. Everyone can see what's happening on the ledger, and this openness builds trust.
Adding AMMs to the XRPL will also improve liquidity. This term might sound complex, but it simply means making it easier to buy or sell digital currencies without affecting their price too much. It's good for the market because it means more people can trade without worrying about big price changes.
However, there are some challenges to be aware of. Impermanent loss is one of them. It happens when the prices of the currencies you're trading change a lot, and it can mean you don't get back as much as you expected. It's something to watch out for, especially with volatile assets.
Slippage is another issue. This is when the price changes between when you start a trade and when it's completed. It can be a problem in pools with less money or when prices are moving quickly.
Rug pulls are a risk too. This is when a project looks promising but then suddenly shuts down, leaving people with worthless tokens. It's a reminder to do your research before investing.
In short, AMMs on the XRPL are set to make trading easier and more open. They offer a lot of benefits, like better transparency and more chances for everyone to participate. But like anything in crypto, it's important to be careful and understand the risks.
Read on Twitter
Coming soon: https://xpmarket.com/amm
Weekly Update: XRPL Market Week 10, 2024
Hi everyone, let's take a look at what happened in the #XRPL market during week 10 of 2024.
This week, the NFT market was more lively. We had 2,361 traders, up from 2,042 last week. The total money traded was $131K, which is quite a jump. It looks like there's increased interest, maybe due to a few large trades.
In the token area, things got a bit interesting. Even though there were slightly fewer traders, the number of trades went up to 152,201. The amount traded on decentralized exchanges was $5.7M. This shows people are still very interested in trading without centralized control, despite the small drop in traders.
But here's an important point - with these changes, we're reminded just how unpredictable this market can be. Increases in NFT trading and consistent trading on decentralized exchanges tell us a lot, especially about the market's ups and downs.
Are there opportunities? For sure. There's a lot of activity in the NFT market, and more people are interested in trading tokens in a decentralized way. It's an exciting time, full of possibilities for new projects.
So, what should we remember? Keep an eye on the market, be ready for anything, and think about spreading out your investments.
Stay informed and always be curious!
Twitter | Telegram | Webpage | Blog
Hi everyone, let's take a look at what happened in the #XRPL market during week 10 of 2024.
This week, the NFT market was more lively. We had 2,361 traders, up from 2,042 last week. The total money traded was $131K, which is quite a jump. It looks like there's increased interest, maybe due to a few large trades.
In the token area, things got a bit interesting. Even though there were slightly fewer traders, the number of trades went up to 152,201. The amount traded on decentralized exchanges was $5.7M. This shows people are still very interested in trading without centralized control, despite the small drop in traders.
But here's an important point - with these changes, we're reminded just how unpredictable this market can be. Increases in NFT trading and consistent trading on decentralized exchanges tell us a lot, especially about the market's ups and downs.
Are there opportunities? For sure. There's a lot of activity in the NFT market, and more people are interested in trading tokens in a decentralized way. It's an exciting time, full of possibilities for new projects.
So, what should we remember? Keep an eye on the market, be ready for anything, and think about spreading out your investments.
Stay informed and always be curious!
Twitter | Telegram | Webpage | Blog
Our Twitter #AMA is starting soon. Join us to celebrate the release of the first Launchpad on #XRPL.
https://twitter.com/xpmarket/status/1783107057459089504
https://twitter.com/xpmarket/status/1783107057459089504
X (formerly Twitter)
xpmarket® (@xpmarket) on X
Upcoming space, co-hosted with @xrpmickle : https://t.co/49g9m0hITr
Weekly #XRPL Market Update – Week 19, 2024 Insight
📈 DEX Market Insights:
Cooling Activity: We've seen a noticeable dip in both active traders and trading volumes this week. It seems like a period for market reassessment and possibly cautious strategies.
📉 Market Cap Decline: There's also been a reduction in market cap, suggesting a bearish sentiment or external influences affecting asset valuations. This calls for close monitoring over the coming weeks.
🎨 NFT Market Trends:
Higher Value Transactions: Despite fewer active traders, the total volume has actually increased, indicating that the NFTs being traded are of higher value—perhaps more unique or sought after.
⬆️ Significant Price Increases: The average price of NFTs has spiked to 23.85 XRP. This highlights a growing interest in premium NFTs 🐝 🥷, reflecting a shift towards quality.
🔽 AMM Market Dynamics:
Decreased Liquidity Movement: Both inflow and outflow have lessened, alongside a decrease in volume, pointing towards a consolidation phase. Participants might be adopting a wait-and-see approach.
Stable Yet Growing Commitment: Interestingly, even though the overall liquidity is contracting, the XRP pooled has increased. This is a sign that the community remains confident about the long-term potential of XRPL’s AMM platforms.
⚠️ Risks and Opportunities:
Market Volatility: The current cooldown presents both risks and opportunities—it's essential to stay vigilant about liquidity and market depth as they can significantly impact investment decisions.
🔍 Looking Ahead:
While the market seems to be in a cautious phase, the underlying data shows that the XRPL community is strategically positioning for future growth. It will be crucial to observe how these trends develop to adapt our strategies effectively.
What are your thoughts on these trends? Are there areas you're watching closely or any moves you're considering in response to this week's dynamics? Let's discuss and navigate these intriguing times together! 💬
@xpmarket
Cooling Activity: We've seen a noticeable dip in both active traders and trading volumes this week. It seems like a period for market reassessment and possibly cautious strategies.
Higher Value Transactions: Despite fewer active traders, the total volume has actually increased, indicating that the NFTs being traded are of higher value—perhaps more unique or sought after.
Decreased Liquidity Movement: Both inflow and outflow have lessened, alongside a decrease in volume, pointing towards a consolidation phase. Participants might be adopting a wait-and-see approach.
Stable Yet Growing Commitment: Interestingly, even though the overall liquidity is contracting, the XRP pooled has increased. This is a sign that the community remains confident about the long-term potential of XRPL’s AMM platforms.
Market Volatility: The current cooldown presents both risks and opportunities—it's essential to stay vigilant about liquidity and market depth as they can significantly impact investment decisions.
While the market seems to be in a cautious phase, the underlying data shows that the XRPL community is strategically positioning for future growth. It will be crucial to observe how these trends develop to adapt our strategies effectively.
What are your thoughts on these trends? Are there areas you're watching closely or any moves you're considering in response to this week's dynamics? Let's discuss and navigate these intriguing times together! 💬
@xpmarket
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🔹 Concept: Enhance your DeFi activities
🔹 Launch Date: 2024-05-18, 11:09:41 AM UTC
🔹 Token Price: 0.035 XRP
🔹 Soft Cap: 200K XRP ✅
🔹 Hard Cap: 900K XRP
Launchpad Summary: Meet $XPM, the utility token designed to simplify managing digital assets on XPMarket. Get detailed analytics, easy trading, and track tokens/NFTs effortlessly.
🔹 Ripple Labs
🔹 Upnaut Ventures
🔹 TT Ventures
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XPMarket
Launchpads - XPMarket
XPMarket Launchpads shows a list of all the projects that have been launched on XPMarket Launchpads. It includes information about the project, the token, the launch date, the price of the token, and the return on investment (ROI) for each project.
Less than 6 hours left until the end of our IDO Launchpad! Quick facts:
- 850k XRP already raised. Only 50k left to hit the hard cap! Can we make it happen?
- Almost 1400 unique wallets are going to receive XPM from the IDO!
- And, the most important fact, you are THE BEST #XRPL community ever!
So, what is next?
Let's open the new XRPL chapter together.
https://xpmarket.com/launchpad/ido
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Less than two hours left until XPM tokens are released into circulation! 🎉
If you’re looking to grab some XPM tokens and missed the IDO, you can buy them here on the DEX: https://xpmarket.com/dex/XPM-rXPMxBeefHGxx2K7g5qmmWq3gFsgawkoa/XRP
Oh, and by the way, we’ve got some exciting news dropping in just 3 hours! Stay tuned! 🚀
#XRP #XRPL #XRPHolders
If you’re looking to grab some XPM tokens and missed the IDO, you can buy them here on the DEX: https://xpmarket.com/dex/XPM-rXPMxBeefHGxx2K7g5qmmWq3gFsgawkoa/XRP
Oh, and by the way, we’ve got some exciting news dropping in just 3 hours! Stay tuned! 🚀
#XRP #XRPL #XRPHolders
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Big news for the #XRPL community! 📣
XPMarket is taking another giant leap in our mission to make the XRPL ecosystem more transparent and trader-friendly. Remember our token page update? Well, you asked for NFTs, and we listened! 🎨
Today, we're thrilled to unveil our completely revamped NFT collections page. We've packed it with a treasure trove of analytics that will empower you to make more informed decisions and ask the right questions. Whether you're a seasoned collector or just dipping your toes into the NFT waters, these new insights are game-changers.
But that's not all! Behind the scenes, we've been hard at work optimizing our infrastructure. We've rebuilt one of our five core servers, the one handling data logging. The results? Mind-blowing. It's now TEN TIMES faster thanks to our new software logic. 🚀
What does this mean for you? Lightning-fast data refreshes and potentially kissing those pesky chronological issues goodbye. Your experience on XPMarket is about to get a whole lot smoother.
The best part? These supercharged NFT collection pages are available to ALL users right now. No waiting, no exclusive access - just pure, data-driven goodness for everyone.
Ready to dive in and explore? Join us in shaping the future of XRP trading and collecting. Your feedback has been invaluable, and we can't wait to hear what you think of these latest improvements.
Let's make waves together in the XRPL world! 🌊
XPMarket is taking another giant leap in our mission to make the XRPL ecosystem more transparent and trader-friendly. Remember our token page update? Well, you asked for NFTs, and we listened! 🎨
Today, we're thrilled to unveil our completely revamped NFT collections page. We've packed it with a treasure trove of analytics that will empower you to make more informed decisions and ask the right questions. Whether you're a seasoned collector or just dipping your toes into the NFT waters, these new insights are game-changers.
But that's not all! Behind the scenes, we've been hard at work optimizing our infrastructure. We've rebuilt one of our five core servers, the one handling data logging. The results? Mind-blowing. It's now TEN TIMES faster thanks to our new software logic. 🚀
What does this mean for you? Lightning-fast data refreshes and potentially kissing those pesky chronological issues goodbye. Your experience on XPMarket is about to get a whole lot smoother.
The best part? These supercharged NFT collection pages are available to ALL users right now. No waiting, no exclusive access - just pure, data-driven goodness for everyone.
Ready to dive in and explore? Join us in shaping the future of XRP trading and collecting. Your feedback has been invaluable, and we can't wait to hear what you think of these latest improvements.
Let's make waves together in the XRPL world! 🌊
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Join our @Galxe Quest and dive into XPMarket:
✅ Simple social tasks
✅ Daily activities on XPMarket
✅ Learn & earn as you go!
Rewards:
💰 XPM tokens
🖼️ Exclusive #NFT
💎 Bonus #XRP
⏰ Limited time offer! Ends Sept 23
Discover more & start your journey:
https://app.galxe.com/quest/xrpledger/GCy8BtkJ2N
Share with #XRPL-curious friends! Let's explore together 🌱
✅ Simple social tasks
✅ Daily activities on XPMarket
✅ Learn & earn as you go!
Rewards:
💰 XPM tokens
🖼️ Exclusive #NFT
💎 Bonus #XRP
⏰ Limited time offer! Ends Sept 23
Discover more & start your journey:
https://app.galxe.com/quest/xrpledger/GCy8BtkJ2N
Share with #XRPL-curious friends! Let's explore together 🌱
Great insights from our CEO on the XPMarket Summer Season! 🎯 It was a milestone event for XRPL traders, integrating DeFi mechanics.
We're just getting started! 🚀
https://x.com/Kirjakulov/status/1833920140863266901
We're just getting started! 🚀
https://x.com/Kirjakulov/status/1833920140863266901
X (formerly Twitter)
Dr. Artur Kirjakulov (@Kirjakulov) on X
XPMarket Summer Season: Reflections and Future Plans
The XPMarket Summer Season. It was a significant event for #XRPL traders and active ecosystem participants, despite limited discussion on XRPL Twitter. This post aims to share our observations, learnings…
The XPMarket Summer Season. It was a significant event for #XRPL traders and active ecosystem participants, despite limited discussion on XRPL Twitter. This post aims to share our observations, learnings…
🚨 The latest XRPL report is live! 🚨
Big shifts in transaction volumes, AMM liquidity, and NFT market! The ecosystem is evolving fast, and understanding these trends is key to staying ahead.
More: https://x.com/Kirjakulov/status/1842158983005843673
Big shifts in transaction volumes, AMM liquidity, and NFT market! The ecosystem is evolving fast, and understanding these trends is key to staying ahead.
More: https://x.com/Kirjakulov/status/1842158983005843673
X (formerly Twitter)
Dr. Artur Kirjakulov (@Kirjakulov) on X
Monthly #XRPL Report - ready.
1. Protocol fees: ~$77,000 in September
2. Total transactions +6.0%, but active wallets -2.2%
3. Total XRP(L) users: 115,487 (-2.2%)
4. dApp users: 10,082 (-13.6%)
5. dApp transaction share: 0.75%
6. #XRP in #AMM pools 12.3M…
1. Protocol fees: ~$77,000 in September
2. Total transactions +6.0%, but active wallets -2.2%
3. Total XRP(L) users: 115,487 (-2.2%)
4. dApp users: 10,082 (-13.6%)
5. dApp transaction share: 0.75%
6. #XRP in #AMM pools 12.3M…
We’re not just a #DeFi platform offering incredible Yield Farming rewards; we’re a powerhouse of data analytics!
Our latest analysis reveals something AMAZING: @xpmarket hosts the wealthiest users on the #XRPL!
And guess what else is 200%+? 👀 That’s right - the maximum APR you can earn through our yield farming! 🚜🌽 Get ready to compound your rewards and elevate your affluence even further!
Let’s keep thriving together!
Full stats are available here: Twitter Link Here
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⚠️ Fair warning: We only accept the BEST projects! Quality or nothing! 💯
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