Trader Eugene: Have taken a position in XPL, believing the stablecoin narrative will not collapse in the short term

BlockBeats News, October 1st, Trader Eugene Ng Ah Sio posted in his personal channel, indicating that he has taken a position in XPL—mainstream institutions are entering the market, believing that the most popular stablecoin narrative will not collapse within a week of its launch. He hopes that the deviation below $1 is only a temporary phenomenon and that market momentum can return to this currently hottest asset.