XRP experienced a 9.4% decline over the past week as investors reallocated capital towards emerging alternatives like GeeFi (GEE). Despite an $89.3 million inflow, XRP's value dropped by $402 million in just 48 hours due to large-scale selling and weak network activity. This shift highlights a growing investor preference for projects offering tangible utility and risk diversification.
GeeFi capitalized on this trend, raising over $250,000 in its presale by selling 5.3 million GEE tokens. The platform's appeal is bolstered by features such as a non-custodial wallet, multi-chain support, and a 55% APY staking incentive, attracting investors seeking real-world applications over speculative assets.
XRP Falls 9.4% as Investors Pivot to GeeFi Amid Market Shifts
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