Trader Eugene: Has taken a position in XPL, believes the stablecoin narrative will not lose relevance in the short term
BlockBeats news, on October 1, trader Eugene Ng Ah Sio posted on his personal channel that he has taken a position in XPL—mainstream institutions are entering the market, and he believes that the most sought-after stablecoin narrative in the market will not lose its appeal within just one week of launch. He hopes that the price deviation below $1 is only a temporary phenomenon and that market momentum will return to this currently hottest asset.
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