The total number of XRP sharks and whales (investors holding at least 10K coin) is now over 277,500.
TL;DR
• XRP's Recent Trend: XRP surpassed $0.60, rising 8% in a week, with significant large investor (whale) activity -transactions over $1 million and a record count of over 277,000 sharks and whales.
■ Varied Predictions: While analysts like Dark Defender and Cryptoinsightuk forecast XRP at $0.66 and $1.36 respectively, CryptoBull's bold $220 prediction is seen as highly ambitious. Future Trajectory: The diverse predictions spark interest in XRP's possible price movements for the year's remainder.
XRP Whales on the Move
Ripple's native token - XRP - has recently surpassed the $0.60 level for the first time since mid-August. It has been among the best performers in the entire crypto market, with its price surging around 8% in the past week .
The impressive spike coincided with an increased activity coming from whales. As revealed by Santiment, XRP transactions involving such large investors exceeded $1 million in value a few days ago, representing a three-month high.
In addition, the total number of sharks and whales (those holding at least 10,000 XRP) has jumped to an all-time high of over 277,000.
#xrp revisited a $0.60 market value for the first time since its tumble back on August 16th. Along this road back, we have seen whales get gradually more involved. Additionally, there are now an #alltimehigh 277.62K wallets holding at least 10K $XRP
How High Can XRP Go?
The popular X (Twitter) users Dark Defender and Cryptoinsightuk suggested that the coin could surge to $0.66 and $1.36 (respectively) in the following weeks.
On the other hand, Crypto bull predicted that
XRP could reach a whopping $220 in the next bull run if it follows "the very same pattern" from previous cycles. It is worth noting that the asset's market capitalization should blast above $100 trillion for this to happen, making the forecast sound quite absurd.
