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Coinbase Enables XRP Trading for German Residents, 55% Cumulative Seven-Day Performance Achieved

Coinbase has announced that XRP is now available for trading to its users in Germany, following the US court declaration that XRP is not a security. Many other exchanges, including Gemini, Bitstamp, Kraken, BitGo, Crypto.com, and Binance US, have also reactivated support for XRP after attaining regulatory clarity. While the news has received positive feedback from the crypto community, a skeptic has voiced concerns about potential losses for buyers and argued that market participants who remain invested in XRP rely on fostering a fear of missing out (FOMO) to ensure sufficient liquidity for their exit strategies. XRP trades at $0.7282, with over 55% cumulative seven-day performance.

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