Why is it pumping?
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only 18 million marketcap. Has the potential to pull a matic and x10.
Based on what though.
Indians associate the R with rupee
not sustainable
Some salty bizlets incoming...
Based on investors (similar), marketcap and IEO hype.
All speculation though. But I got in at 27 sats so im pretty happy.
RSD,the prototype for their actual stablecoin RSV will be released this month in Venezuela.
Together with RSD they woll publish an app which enables venezuelans to change their bolivar to RSD.
So Reserve delivers their product which solves an actual problem,the massive hyperinflation of the vezuelan Bolivar.
1. Why a prototype, that sounds like absolute vaporware
2. Still, why pump now
3. Venezuela will ban this shit in a heartbeat.
Because the RSR whitepaper and the Libra whitepaper are nearly the same with the same investors. Go figure