Global Stock News

Retail Money Shifts From Crypto to Event Contracts, Says Eric Liu: Could This Explain Why Dogecoin and XRP Are Lagging Behind Bitcoin?

Retail Money Shifts From Crypto to Event Contracts, Says Eric Liu: Could This Explain Why Dogecoin and XRP Are Lagging Behind Bitcoin?

Retail investors may be abandoning crypto for a surprising new playground, and Dogecoin and XRP holders could be paying the steepest price. But is a mass exodus really driving their losses, or does a simpler market force explain everything?

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Retail traders are pulling their money and focus away from cryptocurrency, according to Eric Liu, co-founder of Vanda Research, which tracks individual investor trends. If Liu is right, this shift may help explain why Dogecoin (CRYPTO: DOGE) and XRP (CRYPTO: XRP)—two cryptocurrencies mainly driven by retail investors—have fallen more than Bitcoin (Source link

Share this article

Scroll to Top