“Since the circulating supply is very small, it is technically possible to create a short squeeze, although the impact in the overall market could be very limited and hard to sustain over a longer period of time,” Samir Kerbage, crypto asset manager Hashdex’s chief product and technology officer, told CoinDesk.
Related posts
-
Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO
The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments... -
CoinDesk 20 Performance Update: XRP Surges 19.6% As Index Climbs Higher
CoinDesk 20 Performance Update: XRP Surges 19.6% As Index Climbs Higher Source Spread the love -
XRP Price Surges 25% as Headwinds for Ripple Clear Even More
An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially...