• bitcoinBitcoin (BTC) $ 98,317.00
  • ethereumEthereum (ETH) $ 3,448.46
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.31
  • bnbBNB (BNB) $ 678.30
  • solanaSolana (SOL) $ 193.40
  • dogecoinDogecoin (DOGE) $ 0.336109
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.960324
  • staked-etherLido Staked Ether (STETH) $ 3,442.18
  • tronTRON (TRX) $ 0.251565
  • avalanche-2Avalanche (AVAX) $ 40.60
  • chainlinkChainlink (LINK) $ 23.87
  • wrapped-stethWrapped stETH (WSTETH) $ 4,096.29
  • the-open-networkToncoin (TON) $ 5.51
  • suiSui (SUI) $ 4.76
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,947.00
  • polkadotPolkadot (DOT) $ 7.46
  • stellarStellar (XLM) $ 0.376764
  • hyperliquidHyperliquid (HYPE) $ 33.54
  • hedera-hashgraphHedera (HBAR) $ 0.268994
  • wethWETH (WETH) $ 3,446.97
  • bitcoin-cashBitcoin Cash (BCH) $ 468.37
  • leo-tokenLEO Token (LEO) $ 9.29
  • uniswapUniswap (UNI) $ 13.95
  • pepePepe (PEPE) $ 0.000019
  • litecoinLitecoin (LTC) $ 104.00
  • wrapped-eethWrapped eETH (WEETH) $ 3,640.74
  • nearNEAR Protocol (NEAR) $ 5.40
  • bitget-tokenBitget Token (BGB) $ 4.35
  • ethena-usdeEthena USDe (USDE) $ 0.999964
  • aptosAptos (APT) $ 10.60
  • internet-computerInternet Computer (ICP) $ 10.93
  • usdsUSDS (USDS) $ 1.00
  • aaveAave (AAVE) $ 321.95
  • crypto-com-chainCronos (CRO) $ 0.167774
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.503467
  • ethereum-classicEthereum Classic (ETC) $ 27.45
  • mantleMantle (MNT) $ 1.22
  • render-tokenRender (RENDER) $ 7.64
  • vechainVeChain (VET) $ 0.048632
  • mantra-daoMANTRA (OM) $ 3.92
  • bittensorBittensor (TAO) $ 486.19
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.36
  • whitebitWhiteBIT Coin (WBT) $ 24.56
  • moneroMonero (XMR) $ 192.23
  • ethenaEthena (ENA) $ 1.18
  • daiDai (DAI) $ 1.00
  • arbitrumArbitrum (ARB) $ 0.805089
  • filecoinFilecoin (FIL) $ 5.25
  • kaspaKaspa (KAS) $ 0.125555
  • fantomFantom (FTM) $ 1.07
  • algorandAlgorand (ALGO) $ 0.355740
  • okbOKB (OKB) $ 46.22
  • cosmosCosmos Hub (ATOM) $ 7.04
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.69
  • blockstackStacks (STX) $ 1.79
  • ondo-financeOndo (ONDO) $ 1.82
  • optimismOptimism (OP) $ 1.90
  • bonkBonk (BONK) $ 0.000033
  • immutable-xImmutable (IMX) $ 1.46
  • celestiaCelestia (TIA) $ 5.38
  • movementMovement (MOVE) $ 1.03
  • theta-tokenTheta Network (THETA) $ 2.28
  • injective-protocolInjective (INJ) $ 22.31
  • dogwifcoindogwifhat (WIF) $ 2.16
  • the-graphThe Graph (GRT) $ 0.223694
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,447.17
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 98,306.00
  • sei-networkSei (SEI) $ 0.456728
  • worldcoin-wldWorldcoin (WLD) $ 2.37
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030152
  • thorchainTHORChain (RUNE) $ 5.35
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,575.31
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,864.14
  • flokiFLOKI (FLOKI) $ 0.000180
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • jasmycoinJasmyCoin (JASMY) $ 0.035741
  • gatechain-tokenGate (GT) $ 13.25
  • galaGALA (GALA) $ 0.038615
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,628.46
  • lido-daoLido DAO (LDO) $ 1.78
  • flare-networksFlare (FLR) $ 0.028267
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.96
  • beam-2Beam (BEAM) $ 0.028829
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 98,358.00
  • makerMaker (MKR) $ 1,676.32
  • the-sandboxThe Sandbox (SAND) $ 0.598545
  • fasttokenFasttoken (FTN) $ 3.33
  • pyth-networkPyth Network (PYTH) $ 0.391628
  • usual-usdUsual USD (USD0) $ 1.00
  • tezosTezos (XTZ) $ 1.36
  • nexoNEXO (NEXO) $ 1.38
  • kaiaKaia (KAIA) $ 0.235039
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 98,154.00
  • based-brettBrett (BRETT) $ 0.137969
  • kucoin-sharesKuCoin (KCS) $ 11.32
  • raydiumRaydium (RAY) $ 4.63
  • eosEOS (EOS) $ 0.858389
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,544.12
  • heliumHelium (HNT) $ 7.12
  • binance-staked-solBinance Staked SOL (BNSOL) $ 197.50
  • ethereum-name-serviceEthereum Name Service (ENS) $ 37.10
  • jupiter-exchange-solanaJupiter (JUP) $ 0.886064
  • aerodrome-financeAerodrome Finance (AERO) $ 1.65
  • flowFlow (FLOW) $ 0.754368
  • xdce-crowd-saleXDC Network (XDC) $ 0.078167
  • starknetStarknet (STRK) $ 0.503550
  • arweaveArweave (AR) $ 17.29
  • iotaIOTA (IOTA) $ 0.315668
  • bitcoin-svBitcoin SV (BSV) $ 56.25
  • dydx-chaindYdX (DYDX) $ 1.57
  • aioz-networkAIOZ Network (AIOZ) $ 0.970331
  • curve-dao-tokenCurve DAO (CRV) $ 0.872608
  • bittorrentBitTorrent (BTT) $ 0.000001
  • coredaoorgCore (CORE) $ 1.15
  • msolMarinade Staked SOL (MSOL) $ 239.89
  • neoNEO (NEO) $ 14.83
  • axie-infinityAxie Infinity (AXS) $ 6.60
  • elrond-erd-2MultiversX (EGLD) $ 36.83
  • matic-networkPolygon (MATIC) $ 0.503807
  • decentralandDecentraland (MANA) $ 0.505238
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,456.56
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 97,370.00
  • apecoinApeCoin (APE) $ 1.23
  • pendlePendle (PENDLE) $ 5.37
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,759.00
  • fartcoinFartcoin (FARTCOIN) $ 0.877424
  • zcashZcash (ZEC) $ 54.16
  • mog-coinMog Coin (MOG) $ 0.000002
  • eigenlayerEigenlayer (EIGEN) $ 4.04
  • jito-governance-tokenJito (JTO) $ 3.12
  • chilizChiliz (CHZ) $ 0.090762
  • akash-networkAkash Network (AKT) $ 3.36
  • conflux-tokenConflux (CFX) $ 0.168883
  • wormholeWormhole (W) $ 0.287337
  • popcatPopcat (POPCAT) $ 0.811607
  • ai16zai16z (AI16Z) $ 0.714683
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,448.51
  • mina-protocolMina Protocol (MINA) $ 0.646560
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 205.43
  • compound-governance-tokenCompound (COMP) $ 85.30
  • usddUSDD (USDD) $ 0.998743
  • roninRonin (RON) $ 1.99
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.51
  • superfarmSuperVerse (SUPER) $ 1.64
  • spx6900SPX6900 (SPX) $ 0.794327
  • havvenSynthetix Network (SNX) $ 2.15
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,449.39
  • ecasheCash (XEC) $ 0.000037
  • chiaChia (XCH) $ 22.34
  • dydxdYdX (ETHDYDX) $ 1.57
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007015
  • amp-tokenAmp (AMP) $ 0.008289
  • gnosisGnosis (GNO) $ 269.06
  • zksyncZKsync (ZK) $ 0.188284
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.335534
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.687211
  • notcoinNotcoin (NOT) $ 0.006708
  • axelarAxelar (AXL) $ 0.782350
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 97,489.00
  • chex-tokenCHEX Token (CHEX) $ 0.665588
  • layerzeroLayerZero (ZRO) $ 5.94
  • tether-goldTether Gold (XAUT) $ 2,634.33
  • fraxFrax (FRAX) $ 0.998619
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,628.11
  • reserve-rights-tokenReserve Rights (RSR) $ 0.011756
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000114
  • vanaVana (VANA) $ 19.77
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,730.36
  • grassGrass (GRASS) $ 2.55
  • turboTurbo (TURBO) $ 0.008836
  • oasis-networkOasis (ROSE) $ 0.086797
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006564
  • ordinalsORDI (ORDI) $ 27.77
  • usualUsual (USUAL) $ 1.25
  • blurBlur (BLUR) $ 0.278568
  • super-oethSuper OETH (SUPEROETHB) $ 3,449.69
  • safeSafe (SAFE) $ 1.12
  • 1inch1inch (1INCH) $ 0.408416
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.36
  • echelon-primeEchelon Prime (PRIME) $ 11.09
  • creditcoin-2Creditcoin (CTC) $ 1.38
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.559956
  • beldexBeldex (BDX) $ 0.077606
  • livepeerLivepeer (LPT) $ 14.58
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 98,213.00
  • susdssUSDS (SUSDS) $ 1.02
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • gigachad-2Gigachad (GIGA) $ 0.054652
  • pax-goldPAX Gold (PAXG) $ 2,631.50
  • apenftAPENFT (NFT) $ 0.00000053
  • kusamaKusama (KSM) $ 32.82
  • arkhamArkham (ARKM) $ 1.56
  • nervos-networkNervos Network (CKB) $ 0.011426
  • pumpbtcpumpBTC (PUMPBTC) $ 97,458.00
  • frax-etherFrax Ether (FRXETH) $ 3,446.56
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,444.64

XRP Whales Are Responsible for This 23% Price Increase, But There’s More

0 227

The cryptocurrency space has witnessed a remarkable 23% surge in XRP’s value against Bitcoin in just the span of a week, with the Ripple Ledger (XRPL) coin crossing the $0.68 mark for the first time since early August. Notably, wallets containing between 100K and 1 billion XRP have amassed the largest proportion of the digital asset this year, accounting for 45.8% of the total supply. But what does this imply for the market and XRP’s trajectory?

Analyzing the recent uptick, several factors come into play. First, the social dominance metric, an indicator of market sentiment, has seen a significant spike — the highest since mid-July. This surge in social media conversations surrounding XRP could reflect growing interest or speculative hype, which often precedes price movements.

XRP Whales Are Responsible for This 23% Price Increase, But There's More

Furthermore, the technical outlook is favorable, with XRP’s price movement above both the 50-day and 200-day EMAs, suggesting a bullish trend. The potential bullish crossover of these EMAs might indicate sustained price appreciation in the near term. The Relative Strength Index (RSI), comfortably above the neutral 50 mark, underscores this bullish sentiment, hinting at a continued uptrend.

Recent headlines have been a mixed bag of regulatory advancements and speculative analyses. The SEC’s dropping the charges against Ripple’s leaders certainly played a role in the immediate price lift. Moreover, XRP’s regulatory approval in Dubai serves as a beacon of institutional acceptance, possibly opening the floodgates for further integrations and use cases in financial services.

Echoing the sentiment of market analysts, a supposed 39-month cycle trend suggests a significant breakout is on the horizon for XRP. While predictions such as a rise to $1,000 seem overly optimistic, they highlight the community’s confidence in XRP’s potential.

Source

Leave A Reply

Your email address will not be published.