Trader Eugene: Has taken a position in XPL, believes the stablecoin narrative will not lose relevance in the short term
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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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