AltXCrunch

2/21/25 | XRP ETF Momentum, $LIBRA Memecoin Crash, FTX Creditor Payouts, Pi Network Goes Open


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In this episode of AltXCrunch, Mackenzie breaks down the latest surge in XRP’s market activity following Brazil’s approval of the world’s first spot XRP ETF, alongside the US SEC’s acknowledgment of six new XRP ETF filings. We also cover the dramatic collapse of the $LIBRA memecoin, which plummeted 95% after its highly publicized launch, triggering political and legal fallout in Argentina. Meanwhile, FTX has begun repaying creditors, marking a key milestone in its bankruptcy reorganization, though some creditors remain frustrated with payout valuations. Lastly, we explore Pi Network’s transition to its Open Network phase, a major step in its expansion beyond a closed ecosystem. Stay ahead of the latest crypto developments, and don’t forget to follow us on X @altinvestbot—that’s A-L-T-I-N-V-E-S-T-B-O-T—for more updates!

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