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🚨‼️BREAKING‼️👉Ripple Stuns Market With Mysterious 60,000,000 XRP Move has Shaken the price...
🚨‼️BIG BREAKING‼️👉 Prominent tracking platform Whale Alert, which monitors large cryptocurrency transfers, spreads the word about a mysterious big XRP movement spotted during the last 24 hours. $XRP
● 60,000,000 XRP on move — where from and where to? ● Ripple mints 13 million RLUSD ahead of official Details shared by an XRP-focused explorer show that this more than a hundred million U.S. dollars worth of XRP was transferred with the participation of Ripple juggernaut. This coincided with the XRP price going up by approximately 10% overnight. Currently, XRP is trading at $2.44. ■60,000,000 XRP on move — where from and where to? Whale Alert revealed an impressive 60,000,000 XRP transaction made from one anonymous wallet to another. That XRP chunked was valued at $144,669,520 at the time of the initiated transaction.
🚨 🚨 🚨 🚨 🚨 🚨 60,000,000 #XRP (144,669,520 USD) transferred from unknown wallet to unknown wallet... — Whale Alert (@whale_alert) Details provided by Bithomp show that the transfer was initiated by a wallet affiliated with the San Francisco-headquartered blockchain monster Ripple. It headed for an anonymous wallet that since Dec. 9 has received two batches of 15,000,000 XRP each.
Prior to that, in the same manner, using anonymous wallets, Ripple transferred 99,000,000 XRP on Friday and stunned the XRP community with two transactions, surpassing half a billion XRP cumulatively — 380 million and 200 million XRP, according to an earlier report published by U.Today. Ripple mints 13 million RLUSD ahead of official release Earlier this week, Ripple minted two large batches of its new crypto product — Ripple USD stablecoin — which had recently received official approval for listing and trading on cryptocurrency exchanges from the New York State Department of Financial Services (NYDFS). Shortly after that, the Ripple Chief Executive Brad Garlinghouse commented that the stablecoin will be rolled out to the market soon. the Ripple USD Treasury minted 10,399,000 and 2,600,000 RLUSD.
Ripple first announced the beginning of work on this new product in March this year. In August, the company spread the word that they began testing it in a closed beta. In the fall, news was spread that RLUSD would be released on both XRP Ledger and Ethereum, while recently, the Tron founder Justin Sun hinted that RLUSD may come to his blockchain in the near future too. Ripple’s top executives and the CEO left this comment without an answer and the community without a clarification, though.
Currently, the global stablecoin market is valued at close to $200 billion and in about four years, this value is expected to rise to $2.8 trillion. #Mysterious60MillionXRPtransfer
How Much SHIBA INU Do You Need to Become a Millionaire?
With the anticipated relaunch of Shibarium, SHIBA INU has regained the spotlight as investors eye its potential for substantial returns. The token’s legendary rally in 2021 turned small investments into life-changing gains. One notable example is an investor who transformed just $12 into $1 million during SHIB’s explosive rise.
While past success doesn’t guarantee future results, analysts remain optimistic about SHIBA INU's price outlook, especially with renewed interest following Shibarium’s reintroduction. Here’s a detailed estimate of how much SHIB you’d need to hold to achieve $1 million at different price points:
At $0.0001: 2,500,000,000 SHIB (requires a 380% increase from the current price).
At $0.001: 1,000,000,000 SHIB.
At $0.01: 100,000,000 SHIB.
At $0.1: 10,000,000 SHIB.
As the cryptocurrency market continues to evolve, holding a substantial amount of SHIB could lead to significant returns if these price milestones are reached. However, investors should proceed with caution and stay informed about potential market risks.
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Here’s a technical analysis overview for Shiba Inu $SHIB as of December 2024, based on recent market trends and indicators: Current Market Sentiment Overall Sentiment: BullishThe Fear & Greed Index shows "Extreme Greed," signaling strong investor optimism but also caution for potential overvaluation risks. Support and Resistance Levels Key Support Levels: $0.000030, $0.000027, $0.000026Key Resistance Levels: $0.000034, $0.000036, $0.000038. Moving Averages Shiba Inu is trading favorably against most moving averages: Short-term moving averages like MA3 and MA5 signal Buy.Long-term trends, including the 50-day and 200-day moving averages, remain Bullish, reflecting continued upward momentum. Momentum Indicators Relative Strength Index (RSI): 72.82, suggesting SHIB is in the overbought zone. This may imply a potential correction in the short term.Stochastic Oscillator: Indicates overbought conditions.Other momentum indicators, like the Awesome Oscillator, remain neutral, hinting at reduced volatility. Market Volatility Shiba Inu has experienced notable volatility (12.93% in the past month), creating opportunities for active traders. Trading Volume Consistently high trading volume reflects growing interest and active participation in SHIB trading. Liquidity is strong, supporting potential upward price movements. Conclusion Shiba Inu shows a bullish outlook, with favorable technical indicators suggesting continued growth. However, caution is advised due to overbought conditions indicated by the RSI and Stochastic Oscillator. Traders should monitor the key resistance levels for potential breakouts while managing risks associated with high market volatility.