Ripple accumulates 64,825,260,545, market value jumps to third place, future price increase unstoppable!
Recently, the XRP market has been incredibly hot, and the big shots at Ripple have quietly accumulated nearly 180 million USD worth of XRP, which has made global investors overjoyed. Why? Because Ripple has seen favorable legal progress, which has directly pushed the price of XRP up.
The lawsuit between Ripple and the U.S. Securities and Exchange Commission is nearing its end, and once this news broke, the price of XRP skyrocketed like a rocket, rising crazily and now becoming the third largest cryptocurrency by market value.
Let's take a look at how the whales are operating. There is a wallet address called r32…yLn that suddenly bought 50 million XRP from Upbit exchange, worth 116.5 million USD!
Another address “rfQ…Cvi” bought 25.08 million from Binance, spending 61.08 million USD. These whales are making big moves.
On the Ripple side, they also hope to end this lawsuit soon so that XRP can develop more freely. Moreover, lawyers say that the appeal in this lawsuit may be rejected or withdrawn, which is great news for XRP.
Now the price of XRP has soared above 2 USD, increasing nearly 29% in just one day, with a trading price of 2.39 USD.
The weekly and monthly increases are also shocking, rising 63% and 367% respectively. Seeing XRP perform so strongly, everyone is full of confidence and believes that the price will continue to rise in the future.
Currently, XRP is gaining momentum in the crypto space, even leaving Sol and USDT behind.
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