🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Weiss Crypto Comments on XRP's Resilience
Weiss Crypto, the cryptocurrency-centered subsidiary of Weiss Ratings, has commented on XRP's resilience during the broader cryptocurrency market downturn
It has been noted that the Ripple-linked token has managed to attract an additional $1.8 million in institutional investment over the past week
On Monday, cryptocurrency firm CoinShares revealed that various digital asset investment products had recorded another week of negative outflows. Bitcoin recorded a whopping $978 million worth of outflows, which shows waning institutional interest. Ethereum (ETH) products also hemorrhaged $176 million
However, XRP managed to buck the broader bearish trend with rather impressive inflows
In its most recent statement, Weiss Crypto has opined that "pockets of resilience indicate that investor interest persists beneath the surface."
Earlier this month, legendary trader John Bollinger suggested that the Ripple-linked token might emerge as the new market leader due to its overperformance
Meanwhile, there are a total of ten pending spot XRP ETF filings in the U.S. As reported by U.Today, Hashdex recently asked the SEC to update its crypto index ETF in order to include various altcoins, including XRP