XRP news today: XRP's Price Drops 8% in a Month, SUI Surges 60% on Partnership Rumors

Ripple (XRP) has been experiencing a decline in open interest, with many traders facing liquidations due to the recent drop in XRP's price. In contrast, newer utility projects like SUI have shown significant performance, with SUI emerging as one of the top performers for the week. FXGuys ($FXG) has also gained attention, being declared one of the best Trade2Earn crypto platforms on the market.

Ripple traders have faced a challenging week, as the market crash initially led to a rise in altcoin prices, including XRP. However, XRP's price began to fall despite the overall positive trend in the altcoin market. This resulted in the liquidation of over $10 million in long positions within 24 hours, significantly reducing XRP’s open interest. Experts now predict further decreases for XRP, with the current price at $2.19, down over 8% in the last month. In the coming weeks, experts expect it to fall to $2 due to negative sentiment and increasing selling pressure.

SUI, on the other hand, has seen a remarkable surge, rising by over 60% in price within a week. The current price of SUI is $3.56, and interest in the token is rapidly growing. Rumors of a potential partnership with Pokémon have fueled this growth, as the possibility of such a collaboration could bring significant adoption for SUI. Although nothing has been confirmed, the speculation alone has driven substantial growth in SUI's stablecoin and trading volume. Experts predict that SUI will outperform XRP and reach $6 or more this year, marking a 68% rise from its current level.

FXGuys stands out as a promising alternative to both XRP and SUI. Unlike many altcoins, FXGuys does not rely on speculation or market conditions. Instead, it operates on a real ecosystem that rewards users for trading through its Trade2Earn model. This model allows users to earn $FXG tokens with every trade, regardless of the asset being traded. The platform also offers a staking program where users can earn up to a 20% share of the FX Guys trading revenue by staking their $FXG tokens. Additionally, FXGuys provides funding opportunities, allowing users to access up to $500,000 in funding through the FXGuys prop firm, with an 80/20 profit split and same-day payouts in both crypto and fiat. The platform requires no KYC and has no buy/sell tax.

Investing in $FXG now presents an opportunity for significant gains. Staking $FXG allows users to earn a percentage of the platform’s trading volume, offering one of the best passive income options in the crypto market. The $FXG public presale is currently in Stage 3, with tokens available at $0.05 each. The presale has already raised $5.5 million, and Stage 3 is nearing completion. By the end of the presale, $FXG’s price will be at $0.10, providing a 100% gain just by holding until launch. Joining the $FXG presale now could secure life-changing profits and lucrative passive income for years to come.