🎢 XRP on a roller coaster: what's going on?
It looks like the XRP token has decided to show who's boss! 🚀 Yesterday its price was around $1.9, and today we see how it is confidently moving towards the $3 mark. Now XRP is trading at $2.71, and this is not the limit!
🔥 In the morning, the market was a little sad, and the price fell to $2.2, but, as they say, "the bulls can't be stopped" 🐂. They pressed again, and XRP flew to a new local peak of $2.75. Only 23% remains to the historical maximum of $3.4.
📈 Impressively, over the past month, XRP has grown by as much as 420%! Now its market capitalization exceeds $150 billion, and it confidently holds third place among all cryptocurrencies.
🔎 Why is that?
Whales are buying up XRP. Most of the transactions, by the way, take place on Coinbase.
After Donald Trump's victory in the elections and the SEC chief's statements about his possible resignation, investors are hoping for a softening of crypto regulation in the US.
📌In a word, everything is as I said in the posts below👇🙄
