Rocket Pool (RPL) has been undergoing significant fluctuations in value, leading to diverse market reactions. There has been a surge in its price by as much as 30% following an announcement by Binance. Binance also launched Rocket Pool with 75x leverage on its futures trading platform. Meanwhile, some institutions have reportedly offloaded Rocket Pool after its price increase, signaling a possible short-term sentiment change and causing market speculations about a potential selling opportunity.
Coinbase Ventures made a strategic investment in Rocket Pool, which sent the RPL price to a new high. The RPL coin has gained over 50% in a span of 4 days, following the Houston upgrade. Further, Rocket Pool's price predictions from various sources believe RPL might be a good investment leading up to 2024 and extending to 2030.
BlackRock's news about an Ethereum ETF had a positive impact on the prices of Ether Liquid staking tokens, including Lido and Rocket Pool, while SEC's intervention with Consensys' Metamask services led to Lido DAO's price dip. Furthermore, Rocket Pool is ramping up as more institutions are looking into Ethereum 2.0 staking and DeFi initiatives.
On the other hand, Axie Infinity Shard (AXS coin), a different cryptocurrency, is currently going through some developmental phases. In terms of listings, Rocket Pool, among several other tokens, will be listed on INDODAX, Indonesia's largest cryptocurrency exchange.
RPL Coin News Analytics from Tue, 06 Feb 2018 08:16:22 GMT to Tue, 05 Nov 2024 19:21:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -4
