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Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.  Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.  Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.  In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.  XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

Ripple

XRP is trending as the community anticipates potential benefits from the upcoming launch of the first U.S. spot XRP ETF, with discussions around institutional inflows and market cap multipliers. Bullish sentiment is fueled by expectations of rate cuts and potential approval of additional ETFs in October, while some traders are closely watching for possible pullbacks. There's also talk of Ripple potentially challenging SWIFT, adding to the long-term excitement.

"What's Updog?" is a Community Led token.

UpDog

UpDog ($UPDOG.X) is trending as users spread the word and ask, "What's Updog?", referencing the popular meme. The community is focused on loading up, mentions the coin being on the Jupiter Strict List, and is drawing comparisons to other Solana-based meme coins like $BONK.X. Built on Solana, UpDog is positioned as a joke meta pioneer with a growing community.

Gorilla Technology Group, Inc. engages in the provision of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology security solutions and services in Asia Pacific. It operates through the following segments: Video IoT, Security Convergence, and Other. The company was founded by Spincer Koh in May 2001 and is headquartered in London, the United Kingdom.

Gorilla Technology Group Inc

GRRR is trending due to a recently announced $1.4 billion contract to build AI-powered data centers, leading to bullish sentiment among investors. The community is discussing the legitimacy of the deal and its potential impact on revenue and valuation, with some expressing skepticism while others anticipate a significant price increase. This news positions GRRR as a key player in the expanding AI infrastructure sector in Southeast Asia, though questions remain around the details of the contract.

SSgA Active Trust - SPDR S&P 500 ETF Trust

SPY is trending as traders react to the Federal Reserve's rate cut decision and dissect the implications of the announcement, with some expressing concerns about stagflation while others anticipate further market gains. Community members are actively debating potential market directions, discussing technical indicators, and strategizing based on the latest economic data. The ETF's movements are also being viewed in the context of broader economic factors, including the dollar's value and global tensions.

MicroAlgo, Inc. operates as a holding company, which engages in the development and application of bespoke central processing algorithms. Its services include algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence. The company was founded May 14, 2018 and is headquartered in New York, NY.

MicroAlgo Inc

MicroAlgo ($MLGO) is trending as traders discuss its potential for a short squeeze, citing its small float and high short interest. Some community members point to the company's AI, quantum, and blockchain developments as potential catalysts, while others mention the company's financial data.

Invesco Capital Management LLC - Invesco QQQ Trust Series 1

QQQ is trending as traders digest the Fed's rate cut decision and await further direction. Community members are actively debating whether the market reaction signals underlying economic concerns or presents a buying opportunity, with some expressing skepticism towards the Fed's messaging. Broader market themes such as inflation, labor market strength, and geopolitical factors related to trade with China are also influencing sentiment.

Bullish engages in the management of a digital asset platform. It also offers market infrastructure and information services. The company was founded by Brendan Francis Blumer in 2020 and is headquartered in George Town, Cayman Islands.

Bullish

Bullish is trending due to a combination of factors, including recent earnings and securing a crucial BitLicense from New York, paving the way for expansion in the U.S. The community is actively discussing the earnings beat, future outlook, and potential analyst upgrades, while some investors are also evaluating entry points amidst the volatility.

Aventus

Aventus ($AVT.X) is trending as the community anticipates a potential price surge, with many users expressing strong buy signals and touting its low market cap. Discussions highlight Aventus's technology, partnerships (Vodafone, Polkadot), and speculation around a new exchange listing as possible catalysts. Some users have also pointed out a new partnership with Truth Network.

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Walt Disney Co (The)

Walt Disney Co.

Walt Disney Co. is trending amid discussions around ABC pulling Jimmy Kimmel's show and a new partnership with Webtoon for digital comics. Community members are debating the implications of these events on free speech, cancel culture, and Disney's stock performance, while also considering Disney's broader streaming strategy and potential for growth.

Next Technology Holding, Inc. engages in the provision of software development services to the customers and bitcoin acquisition. The company was founded on March 28, 2019 and is headquartered in Shenzhen, China.

Next Technology Holding Inc.

Next Technology Holding is trending as community members discuss its potential as a Bitcoin treasury play, highlighting its Bitcoin holdings and comparing its market cap to its asset value. Some view it as a massive opportunity to own Bitcoin at a discount through a U.S. publicly traded company, while others express concerns about potential dilution and the impact of a reverse stock split.

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ITC Ltd.

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Trans-Lux Corp. engages in the design, manufacture, and marketing of light-emitting diode digital display and scoreboard solutions. It operates through the following segments: Digital Product Sales and Digital Product Lease and Maintenance. The Digital Product Sales segment includes out-of-home, sports, transportation, live entertainment, and retail and hospitality categories. The Digital Product Lease and Maintenance segment engages in the rental of indoor and outdoor digital products. The company was founded by Percy Furber on January 1920 and is headquartered in New York, NY.

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