XRP surged 320.13% in three months, with social dominance hitting 5.65%.
The market cap stands at $128.53 billion, signaling strong investor interest.
Analysts caution about euphoria-driven profit-taking by retail investors.
XRP’s social dominance reached 5.65% during the broader market slump, showing increased community interest and activity. According to LunarCrush, the token saw an impressive price surge of over 320% in the last three months, reaching a market cap of $128.53 billion. While this growth is encouraging, analysts recommend restraint.
XRP’s impressive price surge sparked discussions on platforms like Twitter, where market commentators are highlighting both opportunities and risks. One analyst said retail investors often trigger price spikes but are equally quick to sell off during profit-taking phases. This highlights the importance of strategic profit-taking in such volatile conditions.
“You can hate me all you want but when retail pumps a coin you can expect them to be just as quick with selling. Even if you are still bullish nothing wrong with taking profits when there’s euphoria and buying back later.”
Altcoin Market Face…
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