XRPBurn
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#DidYouKnow #XRPBurn $XRP
How many projects does XRP have?
Data shows that the XRP Ledger (XRPL), the blockchain powering the XRP ecosystem, is now home to over 1,500 crypto projects. According to details provided on the official XRPL website, more than 1,500 applications and exchanges have been established on XRPL since its inception
What is the issue with XRP?
The SEC in 2020 accused Ripple and its executives of conducting a $1.3 billion securities fraud via sales of XRP to retail investors
Who owns a lot of XRP?
The top 10 largest holders of XRP include two addresses from Ripple, holding 3.69% and 2.90% of the circulating supply respectively, two from Binance with 2.78% and 1.75%, two from Uphold with 2.58% and 1.57%, and one each from Upbit (1.58%), Kraken (1.39%), an unknown holder (1.29%), and Bitbank (1.22%)
Who won XRP vs SEC?
Yesterday, the U.S. Securities and Exchange Commission (SEC) dismissed its own case against Ripple Labs CEO Brad Garlinghouse and Executive Chairman Christian Larsen. This is the third recent win for Ripple, the firm closely associated with XRP, in its multi-year legal battle with the securities watchdog
What billionaires own XRP?
Chris Larsen and Brad Garlinghouse may have seen the greatest benefits from their Ripple holdings, but they are not the only ones who have profited significantly from XRP's stellar gains. Jed McCaleb, another Ripple co-founder, left the company in 2013 but retains 5.3 billion XRP as of February 2016
how long xrp lawsuit?
In a court filing dated November 13, 2023, Judge Torres nailed down the schedule for further pretrial filings. The process of discovery and rebuttals regarding the remedies the SEC will seek in the remaining legal action must be completed by April 29, 2024
How much can XRP reach if they win lawsuit?
A positive outcome has the potential to send XRP price back toward its all-time high at $3.40 and further towards $50. A recent prediction by Finders' panel estimates that the XRP price could tag $3.81 by the end of 2025 if the blockchain startup wins the lawsuit
#dyor $XRP
How many projects does XRP have?
Data shows that the XRP Ledger (XRPL), the blockchain powering the XRP ecosystem, is now home to over 1,500 crypto projects. According to details provided on the official XRPL website, more than 1,500 applications and exchanges have been established on XRPL since its inception
What is the issue with XRP?
The SEC in 2020 accused Ripple and its executives of conducting a $1.3 billion securities fraud via sales of XRP to retail investors
Who owns a lot of XRP?
The top 10 largest holders of XRP include two addresses from Ripple, holding 3.69% and 2.90% of the circulating supply respectively, two from Binance with 2.78% and 1.75%, two from Uphold with 2.58% and 1.57%, and one each from Upbit (1.58%), Kraken (1.39%), an unknown holder (1.29%), and Bitbank (1.22%)
Who won XRP vs SEC?
Yesterday, the U.S. Securities and Exchange Commission (SEC) dismissed its own case against Ripple Labs CEO Brad Garlinghouse and Executive Chairman Christian Larsen. This is the third recent win for Ripple, the firm closely associated with XRP, in its multi-year legal battle with the securities watchdog
What billionaires own XRP?
Chris Larsen and Brad Garlinghouse may have seen the greatest benefits from their Ripple holdings, but they are not the only ones who have profited significantly from XRP's stellar gains. Jed McCaleb, another Ripple co-founder, left the company in 2013 but retains 5.3 billion XRP as of February 2016
how long xrp lawsuit?
In a court filing dated November 13, 2023, Judge Torres nailed down the schedule for further pretrial filings. The process of discovery and rebuttals regarding the remedies the SEC will seek in the remaining legal action must be completed by April 29, 2024
How much can XRP reach if they win lawsuit?
A positive outcome has the potential to send XRP price back toward its all-time high at $3.40 and further towards $50. A recent prediction by Finders' panel estimates that the XRP price could tag $3.81 by the end of 2025 if the blockchain startup wins the lawsuit
#dyor $XRP
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Forget XRP: This Crypto Could Be Unstoppable in 2024
Solana has surpassed XRP to become the fifth-most valuable cryptocurrency, with strong growth in 2023. XRP is currently embroiled in litigation with the SEC, hindering its progress. Solana is being hailed as the new Ethereum, offering faster and more cost-efficient technology. It also has a mobile crypto strategy, including a mobile phone and payment protocol, unlike XRP. While XRP may experience short-term price surges due to legal developments, Solana is seen as a superior long-term investment. Investors are advised to consider other stocks recommended by The Motley Fool for potential returns.#Solana-SOL #XRPBurn $SOL $SOL
Solana has surpassed XRP to become the fifth-most valuable cryptocurrency, with strong growth in 2023. XRP is currently embroiled in litigation with the SEC, hindering its progress. Solana is being hailed as the new Ethereum, offering faster and more cost-efficient technology. It also has a mobile crypto strategy, including a mobile phone and payment protocol, unlike XRP. While XRP may experience short-term price surges due to legal developments, Solana is seen as a superior long-term investment. Investors are advised to consider other stocks recommended by The Motley Fool for potential returns.#Solana-SOL #XRPBurn $SOL $SOL
📉 XRP Market Update and Whale Movements🌊💹
After recent price movements, XRP finds itself in a stagnant phase, with noteworthy whale transactions during the price drop raising concerns among investors. 📉💰 Let's delve into the current status of XRP and explore the impact of recent whale movements.
1. Current XRP Status: Stagnation and Whale Transactions
Following recent price fluctuations, XRP is experiencing a period of stagnation. The actions of XRP whales during this time have become a focal point of attention. Notably, a substantial amount of XRP, approximately $15 million worth, was transferred to Bitstamp by an XRP whale, triggering speculation about its potential impact on the XRP price.
2. Whale Movements: A Series of Transactions to Exchanges
This recent transaction isn't an isolated incident. Over the past week, whales have orchestrated multiple transfers of millions of XRP tokens to various exchanges. Sunday evening saw rumors of a significant transfer to Bitfinex, later clarified as an 'attack' but attributed to an error in reading the Ripple node response by Whale Alert.
3. Today's XRP Price: Fluctuations and Recent Developments
Last week, XRP reached the $0.60 price level, but stability proved elusive. The news of the attack and subsequent market reactions led to a reversal, with the current XRP price standing at $0.57515, reflecting a 1.01% decrease.
📈 Chart Analysis: XRP's short-lived surge and subsequent dip, influenced by recent events in the market.
🔍 Stay Informed, Stay Cautious: Navigating the XRP Landscape! 🌊🔒
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024SpaceCatch
After recent price movements, XRP finds itself in a stagnant phase, with noteworthy whale transactions during the price drop raising concerns among investors. 📉💰 Let's delve into the current status of XRP and explore the impact of recent whale movements.
1. Current XRP Status: Stagnation and Whale Transactions
Following recent price fluctuations, XRP is experiencing a period of stagnation. The actions of XRP whales during this time have become a focal point of attention. Notably, a substantial amount of XRP, approximately $15 million worth, was transferred to Bitstamp by an XRP whale, triggering speculation about its potential impact on the XRP price.
2. Whale Movements: A Series of Transactions to Exchanges
This recent transaction isn't an isolated incident. Over the past week, whales have orchestrated multiple transfers of millions of XRP tokens to various exchanges. Sunday evening saw rumors of a significant transfer to Bitfinex, later clarified as an 'attack' but attributed to an error in reading the Ripple node response by Whale Alert.
3. Today's XRP Price: Fluctuations and Recent Developments
Last week, XRP reached the $0.60 price level, but stability proved elusive. The news of the attack and subsequent market reactions led to a reversal, with the current XRP price standing at $0.57515, reflecting a 1.01% decrease.
📈 Chart Analysis: XRP's short-lived surge and subsequent dip, influenced by recent events in the market.
🔍 Stay Informed, Stay Cautious: Navigating the XRP Landscape! 🌊🔒
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024SpaceCatch
🚀Here Is Likely Timeline For XRP Spot ETF 🌐💹
Last week marked a historic moment with the SEC approving spot Bitcoin ETFs in the U.S., setting the stage for a new era in crypto investment. Now, attention turns to Ethereum (ETH) and XRP, both in the spotlight as potential candidates for ETF approval. Here's a likely timeline for the XRP Spot ETF:
1. Ethereum ETF Race Heats Up: May 2024 - A Pivotal Moment
Major players like BlackRock, Ark Invest, and VanEck are already in the Ethereum ETF race, with final decisions expected in May. Renowned Bitcoin investor Lark Davis anticipates this as a major milestone, creating a potential pathway for XRP ETF applications. 📅
2. XRP's Unique Legal Advantage: A Game-Changer
XRP's non-security classification in the U.S. has caught the attention of analysts. Legal experts believe the SEC won't challenge this status, potentially paving the way for an XRP ETF. 🔐
3. Influencer Insights: Bitboy's Prediction
Influencer Ben Armstrong (Bitboy) suggests insider information places XRP next in line for an ETF after Ethereum. He hints at the likelihood of ETH and XRP ETFs, along with a Ripple IPO, preceding the Bitcoin halving event in April. 🚀
4. BlackRock CEO's Cryptic Response: Fueling Speculation
BlackRock's CEO, Larry Fink, stirred the pot with a cryptic response on a possible XRP ETF. While he couldn't elaborate, his non-denial raised eyebrows and sparked interpretations ranging from confirmation to future consideration. 🧐
🌌 2024: A Pivotal Year for XRP ETF?
While the road ahead is uncertain, 2024 could be a pivotal year for XRP. With Ethereum ETFs on the horizon, XRP's legal clarity, and industry interest, the stars might align for an XRP ETF. Stay tuned for updates on this evolving journey! 🚀🌌
🌐 For real-time insights into crypto developments, follow The Blockopedia!
#xrpetf #XRPBurn #XRPPricePrediction #cryptocurrency #crypto2024
Last week marked a historic moment with the SEC approving spot Bitcoin ETFs in the U.S., setting the stage for a new era in crypto investment. Now, attention turns to Ethereum (ETH) and XRP, both in the spotlight as potential candidates for ETF approval. Here's a likely timeline for the XRP Spot ETF:
1. Ethereum ETF Race Heats Up: May 2024 - A Pivotal Moment
Major players like BlackRock, Ark Invest, and VanEck are already in the Ethereum ETF race, with final decisions expected in May. Renowned Bitcoin investor Lark Davis anticipates this as a major milestone, creating a potential pathway for XRP ETF applications. 📅
2. XRP's Unique Legal Advantage: A Game-Changer
XRP's non-security classification in the U.S. has caught the attention of analysts. Legal experts believe the SEC won't challenge this status, potentially paving the way for an XRP ETF. 🔐
3. Influencer Insights: Bitboy's Prediction
Influencer Ben Armstrong (Bitboy) suggests insider information places XRP next in line for an ETF after Ethereum. He hints at the likelihood of ETH and XRP ETFs, along with a Ripple IPO, preceding the Bitcoin halving event in April. 🚀
4. BlackRock CEO's Cryptic Response: Fueling Speculation
BlackRock's CEO, Larry Fink, stirred the pot with a cryptic response on a possible XRP ETF. While he couldn't elaborate, his non-denial raised eyebrows and sparked interpretations ranging from confirmation to future consideration. 🧐
🌌 2024: A Pivotal Year for XRP ETF?
While the road ahead is uncertain, 2024 could be a pivotal year for XRP. With Ethereum ETFs on the horizon, XRP's legal clarity, and industry interest, the stars might align for an XRP ETF. Stay tuned for updates on this evolving journey! 🚀🌌
🌐 For real-time insights into crypto developments, follow The Blockopedia!
#xrpetf #XRPBurn #XRPPricePrediction #cryptocurrency #crypto2024
🔥 XRP Burn Milestone: Over $6.8 Million Tokens Incinerated! 🚀💸
The XRP community is on fire, intensifying efforts to burn tokens and slash the circulating supply of this digital asset. The recent surge in burns has propelled the total number of incinerated tokens to a record-breaking 12 million, surpassing all previous milestones.
🔥 Key Burn Highlights:
📈 12 Million XRP Burned: As per XRPScan data, the community has collectively torched over 12 million XRP tokens. At current market prices, this translates to a staggering $6.8 million sent to the burn address.
🔥 A Fraction of the Max Supply: Despite the significant burn figure, it represents a small fraction of the maximum supply. With a max supply of 100 billion XRP, the burnt tokens account for only 0.012% of the total supply.
💪 Commitment to Value Increase: While the percentage may seem modest compared to other tokens, the burn rate reflects a commitment among investors to boost the digital asset's value. A strategic move to make XRP scarcer in the market.
📊 Insights into Investor Behavior:
The burn rate sheds light on how blockchain enthusiasts are operating. Although not the primary focus for the average XRP investor, the reduction in total supply signals a dedication to enhancing the digital asset's intrinsic value.
🚀 XRP Ledger Milestone: 5 Million Active Accounts! 📈
The burn milestone isn't the only achievement for XRP in 2024. The XRP Ledger has kicked off the year with a bang, crossing the coveted 5 million total active accounts. The current count stands at 5,007,658, showcasing a steady rise and renewed interest in this dynamic asset.
🔍 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 🌐💡
For the latest updates on XRP burns, market trends, and blockchain achievements, follow The Blockopedia. Don't miss out on crucial analyses and potential opportunities! 🚀📰
🌐 For more crypto news and insights, follow The Blockopedia!
#XRPBurn #XRPPriceTarget #XRPPricePrediction #cryptocurrency #crypto2024SpaceCatch
The XRP community is on fire, intensifying efforts to burn tokens and slash the circulating supply of this digital asset. The recent surge in burns has propelled the total number of incinerated tokens to a record-breaking 12 million, surpassing all previous milestones.
🔥 Key Burn Highlights:
📈 12 Million XRP Burned: As per XRPScan data, the community has collectively torched over 12 million XRP tokens. At current market prices, this translates to a staggering $6.8 million sent to the burn address.
🔥 A Fraction of the Max Supply: Despite the significant burn figure, it represents a small fraction of the maximum supply. With a max supply of 100 billion XRP, the burnt tokens account for only 0.012% of the total supply.
💪 Commitment to Value Increase: While the percentage may seem modest compared to other tokens, the burn rate reflects a commitment among investors to boost the digital asset's value. A strategic move to make XRP scarcer in the market.
📊 Insights into Investor Behavior:
The burn rate sheds light on how blockchain enthusiasts are operating. Although not the primary focus for the average XRP investor, the reduction in total supply signals a dedication to enhancing the digital asset's intrinsic value.
🚀 XRP Ledger Milestone: 5 Million Active Accounts! 📈
The burn milestone isn't the only achievement for XRP in 2024. The XRP Ledger has kicked off the year with a bang, crossing the coveted 5 million total active accounts. The current count stands at 5,007,658, showcasing a steady rise and renewed interest in this dynamic asset.
🔍 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 🌐💡
For the latest updates on XRP burns, market trends, and blockchain achievements, follow The Blockopedia. Don't miss out on crucial analyses and potential opportunities! 🚀📰
🌐 For more crypto news and insights, follow The Blockopedia!
#XRPBurn #XRPPriceTarget #XRPPricePrediction #cryptocurrency #crypto2024SpaceCatch
News Update: US Banks Embrace Ripple's XRP for Global Transactions
• Ben Armstrong provides insights on the potential adoption of Ripple's XRP by US banks.
• Ripple CEO Brad Garlinghouse suggests broader integration of XRP following the token's significant legal victory over the SEC.
• With legal clarity for XRP and substantial enhancements, Ripple is advancing toward realizing its goals.
Ripple CEO Brad Garlinghouse recently suggested the potential adoption of XRP by banks in the United States. In a recent video, blockchain industry influencer Ben Armstrong stated that the adoption of XRP by US banks is positioned as "the linchpin to XRP's triumph."
Ripple has faced a challenging period for over two years since the Securities and Exchange Commission (SEC) filed a lawsuit against the platform in 2020. The SEC accused Ripple and its executives of allegedly raising "over $1.3 billion through an unregistered, ongoing digital asset securities offering."
Despite Ripple's vision for global expansion and widespread adoption of XRP, legal obstacles presented a significant impediment. However, in 2023, Judge Analisa Torres' pivotal ruling classifying XRP as a non-security provided it with "legal clarity," distinguishing it as the sole token with such status. According to Ben Armstrong, Ripple's legal victory against the SEC indicates progress toward realizing Ripple's vision.$XRP $BNB $BTC #BTC #XRPBurn #WTFsec
• Ben Armstrong provides insights on the potential adoption of Ripple's XRP by US banks.
• Ripple CEO Brad Garlinghouse suggests broader integration of XRP following the token's significant legal victory over the SEC.
• With legal clarity for XRP and substantial enhancements, Ripple is advancing toward realizing its goals.
Ripple CEO Brad Garlinghouse recently suggested the potential adoption of XRP by banks in the United States. In a recent video, blockchain industry influencer Ben Armstrong stated that the adoption of XRP by US banks is positioned as "the linchpin to XRP's triumph."
Ripple has faced a challenging period for over two years since the Securities and Exchange Commission (SEC) filed a lawsuit against the platform in 2020. The SEC accused Ripple and its executives of allegedly raising "over $1.3 billion through an unregistered, ongoing digital asset securities offering."
Despite Ripple's vision for global expansion and widespread adoption of XRP, legal obstacles presented a significant impediment. However, in 2023, Judge Analisa Torres' pivotal ruling classifying XRP as a non-security provided it with "legal clarity," distinguishing it as the sole token with such status. According to Ben Armstrong, Ripple's legal victory against the SEC indicates progress toward realizing Ripple's vision.$XRP $BNB $BTC #BTC #XRPBurn #WTFsec
"Sole Method to Burn 40 Billion XRP Held in Escrow Revealed!"
The Chief Technology Officer (CTO) at Ripple recently shared the only effective way the company could burn the over 40 billion XRP it holds in escrow amid persistent community calls.
Read more on: https://thecryptobasic.com/2024/02/20/ripple-cto-shares-only-way-to-burn-40b-xrp-in-escrow/
#XRP: #XRPBurn #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/02/20/ripple-cto-shares-only-way-to-burn-40b-xrp-in-escrow/
#XRP: #XRPBurn #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
🚀 XRP Gears Up for Big Impact in Vietnam! 🌏💹
Renowned XRP enthusiast and founder of Dizer Capital, Yassin Mobarak, believes that the fourth-largest altcoin, XRP, is set to play a pivotal role in Vietnam's rapidly evolving payment landscape. 🇻🇳💰 His statement comes in the wake of speculation that the Vietnam Central Bank is exploring the integration of XRP for both domestic and international cross-border payments.
📢 Yassin Mobarak's Bold Prediction: "XRP Will be Big in Vietnam!"
In a recent declaration, Yassin Mobarak expressed his optimism, foreseeing XRP's substantial influence in Vietnam. The crypto community awaits eagerly as the potential integration could mark a significant milestone for XRP's utility in the Asian market.
💬 Yassin Mobarak's tweet: "$XRP will be big in Vietnam. [Link to Tweet]"
🤷♂️ Crypto Enthusiasts Skeptical Despite Developments
Despite the buzz surrounding XRP's potential in Vietnam, some crypto enthusiasts remain skeptical, citing XRP's historical underperformance despite various adoptions. One user commented, "We've been hearing about how big XRP will be for 5 years now. Will still keep hearing about it."
🔄 Market sentiment remains divided as XRP navigates the challenges of perception and adoption.
🌐 XRP's Presence in Vietnam: Building on Past Successes
This recent speculation isn't entirely new, as in September 2023, SBI Remit, a subsidiary of SBI Japan's crypto-focused division, launched a remittance service utilizing XRP in Vietnam, the Philippines, and Indonesia. The collaboration involved Ripple, SBI Ripple Asia, and Ripple's partner Tranglo.
🌟 Strategic Move by SBI Remit: Leveraging XRP for Cross-Border Payments
SBI Remit's move into the Vietnamese market aligns with its strategy to leverage XRP for cross-border payments. The Philippines, Vietnam, and Indonesia, being significant hubs for remittances, make them ideal targets for XRP adoption.
🚀 Stay Tuned for XRP's Evolution! Follow The Blockopedia for Crypto Insights! 📰💡
#XRPBurn #XRPEscrow #XRPPricePrediction #Cryptocurrency #crypto2024
Renowned XRP enthusiast and founder of Dizer Capital, Yassin Mobarak, believes that the fourth-largest altcoin, XRP, is set to play a pivotal role in Vietnam's rapidly evolving payment landscape. 🇻🇳💰 His statement comes in the wake of speculation that the Vietnam Central Bank is exploring the integration of XRP for both domestic and international cross-border payments.
📢 Yassin Mobarak's Bold Prediction: "XRP Will be Big in Vietnam!"
In a recent declaration, Yassin Mobarak expressed his optimism, foreseeing XRP's substantial influence in Vietnam. The crypto community awaits eagerly as the potential integration could mark a significant milestone for XRP's utility in the Asian market.
💬 Yassin Mobarak's tweet: "$XRP will be big in Vietnam. [Link to Tweet]"
🤷♂️ Crypto Enthusiasts Skeptical Despite Developments
Despite the buzz surrounding XRP's potential in Vietnam, some crypto enthusiasts remain skeptical, citing XRP's historical underperformance despite various adoptions. One user commented, "We've been hearing about how big XRP will be for 5 years now. Will still keep hearing about it."
🔄 Market sentiment remains divided as XRP navigates the challenges of perception and adoption.
🌐 XRP's Presence in Vietnam: Building on Past Successes
This recent speculation isn't entirely new, as in September 2023, SBI Remit, a subsidiary of SBI Japan's crypto-focused division, launched a remittance service utilizing XRP in Vietnam, the Philippines, and Indonesia. The collaboration involved Ripple, SBI Ripple Asia, and Ripple's partner Tranglo.
🌟 Strategic Move by SBI Remit: Leveraging XRP for Cross-Border Payments
SBI Remit's move into the Vietnamese market aligns with its strategy to leverage XRP for cross-border payments. The Philippines, Vietnam, and Indonesia, being significant hubs for remittances, make them ideal targets for XRP adoption.
🚀 Stay Tuned for XRP's Evolution! Follow The Blockopedia for Crypto Insights! 📰💡
#XRPBurn #XRPEscrow #XRPPricePrediction #Cryptocurrency #crypto2024
Price of XRP todayThe live price of XRP is $ 0.547935 per (XRP / USD) with a current market cap of $ 29.77B USD. 24-hour trading volume is $ 875.44M USD. XRP to USD price is updated in real-time. XRP is +4.13% in the last 24 hours with a circulating supply of 54.34B.
#XRPBurn
#XRPBurn
🚀 XRP Bulls, Brace Yourselves! Analyst Predicts 500% Surge to $2.8 After Retracement! 📈💹
Despite recent challenges, XRP enthusiasts have reason to be excited! 🎉 Prominent crypto analyst EGRAG CRYPTO (@egragcrypto) remains undeterred, forecasting a jaw-dropping 500% price jump for XRP, soaring to $2.8 once the ongoing retracement concludes.
Analyzing the XRP Landscape: Unfazed Optimism Amidst Retracement
Despite XRP trading below $0.6, EGRAG CRYPTO's bullish outlook stands strong. With a historical trend and technical analysis as the foundation, the analyst paints a compelling picture for XRP bulls. 📊🐃
History Repeats Itself: A Familiar Support Line
In a fascinating turn of events, XRP revisits a crucial support level at $0.5650 marked by a rising trendline. This historical trendline has proven reliable, acting as support during dips in December 2020, June 2022, and January 2023. Now, EGRAG CRYPTO sees this as a pivotal moment, mirroring past patterns that preceded monumental rallies.
💡 Analyst's Insight: History Could Repeat for XRP
Drawing parallels to the 2014-2017 period, where four retests of the support line preceded a significant rally, EGRAG CRYPTO predicts that the current retest signifies the end of the correction and the commencement of a new bull run for XRP.
Bold Prediction: XRP Targets $2.8 with a 500% Surge!
This time, EGRAG CRYPTO isn't just foreseeing a small jump. Brace yourselves for a staggering 500% surge, catapulting XRP to $2.8! 🚀🚀
📅 Stay Updated, Stay Informed! Follow The Blockopedia for Real-time Crypto Insights!
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024
Despite recent challenges, XRP enthusiasts have reason to be excited! 🎉 Prominent crypto analyst EGRAG CRYPTO (@egragcrypto) remains undeterred, forecasting a jaw-dropping 500% price jump for XRP, soaring to $2.8 once the ongoing retracement concludes.
Analyzing the XRP Landscape: Unfazed Optimism Amidst Retracement
Despite XRP trading below $0.6, EGRAG CRYPTO's bullish outlook stands strong. With a historical trend and technical analysis as the foundation, the analyst paints a compelling picture for XRP bulls. 📊🐃
History Repeats Itself: A Familiar Support Line
In a fascinating turn of events, XRP revisits a crucial support level at $0.5650 marked by a rising trendline. This historical trendline has proven reliable, acting as support during dips in December 2020, June 2022, and January 2023. Now, EGRAG CRYPTO sees this as a pivotal moment, mirroring past patterns that preceded monumental rallies.
💡 Analyst's Insight: History Could Repeat for XRP
Drawing parallels to the 2014-2017 period, where four retests of the support line preceded a significant rally, EGRAG CRYPTO predicts that the current retest signifies the end of the correction and the commencement of a new bull run for XRP.
Bold Prediction: XRP Targets $2.8 with a 500% Surge!
This time, EGRAG CRYPTO isn't just foreseeing a small jump. Brace yourselves for a staggering 500% surge, catapulting XRP to $2.8! 🚀🚀
📅 Stay Updated, Stay Informed! Follow The Blockopedia for Real-time Crypto Insights!
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024
🔥 XRP Ledger (XRPL) has burned over 12 million XRP (worth $7.2 million) in cumulative volume, as reported by XrpScan. The burn rate, at 0.00001 XRP per transaction, has seen recent increases, with a current supply of 54,210,437,480 XRP. 💥🔥 #XRPBurn 📊🚀
🚀 XRP's Bullish Momentum: Analyst Predicts Key Rally in Crypto Market! 📈💹
Exciting news for the crypto community as XRP (Ripple) gears up for a potential bullish breakout, according to a recent analysis by renowned digital asset expert, Crypto Rover. 🌐 From its bear market low at $0.30 in June 2022, XRP has shown a steady rise, forming higher highs and establishing a strong support level at $0.55.
📈 Key Highlights and Price Predictions:
🐾 Bullish Momentum: XRP's price approaches a macro apex, signaling a potential bullish breakout in the near future.📈 Steady Rise: From the bear market bottom at $0.30, XRP exhibits a consistent upward trajectory, forming higher highs.🎯 Price Target: Crypto Rover predicts a bullish rally, targeting nearly $0.80 within the next two months to maintain a macro bullish outlook.
💪 Critical Levels for XRP:
🚨 Support at $0.55: The $0.55 support level plays a crucial role, instilling confidence among buyers and forming the backbone of XRP's upward trend.⚠️ Caution Note: To avoid further capitulation, XRP must maintain above $0.55; otherwise, a drop towards the next major support at $0.45 could be on the horizon.
🔮 Future Outlook: XRP's Position in the Crypto Industry:
Despite the cautionary note, the article concludes on a positive projection for XRP. Its potential for sustained growth and robust position in the evolving digital currency market positions it as a key player to watch in the coming months.
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 💡🌐
#XRPBurn #XRPScamAlert #XRPPricePrediction #cryptocurrency #crypto2024
Exciting news for the crypto community as XRP (Ripple) gears up for a potential bullish breakout, according to a recent analysis by renowned digital asset expert, Crypto Rover. 🌐 From its bear market low at $0.30 in June 2022, XRP has shown a steady rise, forming higher highs and establishing a strong support level at $0.55.
📈 Key Highlights and Price Predictions:
🐾 Bullish Momentum: XRP's price approaches a macro apex, signaling a potential bullish breakout in the near future.📈 Steady Rise: From the bear market bottom at $0.30, XRP exhibits a consistent upward trajectory, forming higher highs.🎯 Price Target: Crypto Rover predicts a bullish rally, targeting nearly $0.80 within the next two months to maintain a macro bullish outlook.
💪 Critical Levels for XRP:
🚨 Support at $0.55: The $0.55 support level plays a crucial role, instilling confidence among buyers and forming the backbone of XRP's upward trend.⚠️ Caution Note: To avoid further capitulation, XRP must maintain above $0.55; otherwise, a drop towards the next major support at $0.45 could be on the horizon.
🔮 Future Outlook: XRP's Position in the Crypto Industry:
Despite the cautionary note, the article concludes on a positive projection for XRP. Its potential for sustained growth and robust position in the evolving digital currency market positions it as a key player to watch in the coming months.
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 💡🌐
#XRPBurn #XRPScamAlert #XRPPricePrediction #cryptocurrency #crypto2024
💥 Failed $15B XRP Transaction Uncovers Partial Payments Exploit Attempt! 🚫🔍
In a recent twist of events, a staggering $15 billion XRP transaction to Bitfinex faced a thwarted exploit attempt, shedding light on vulnerabilities in cryptocurrency security. Here's a breakdown of the incident and the subsequent failed attack on Binance:
1. The Unsuccessful $15B XRP Transaction: A Closer Look 🔄
On January 14, a massive transfer of 25.6 billion XRP to Bitfinex created a buzz in the crypto community. However, the blockchain tracking account Whale Alert later retracted its initial report, admitting inaccuracies. Paolo Ardoino, CTO at Bitfinex, revealed the attempt of a "Partial Payments Exploit."
2. Partial Payments Exploit Unveiled 🤯
The attacker aimed to manipulate Bitfinex's software, assuming it was improperly configured to process partial payments. The exploit involves sending a smaller amount in a transaction field, anticipating an error in processing by the exchange's system. Fortunately, Bitfinex's proper handling of the "delivered_amount" field thwarted the attempt, preventing potential losses.
3. Failed Attack on Binance: Double Trouble for the Attacker 🎯
Interestingly, the same assailant targeted Binance with a transaction involving 58.9 billion XRP. Mirroring the Bitfinex incident, Binance's robust security measures successfully repelled the exploit attempt. This dual defense emphasizes the crucial role of security protocols in safeguarding crypto exchanges.
💡 Conclusion: Stay Informed, Stay Secure! 🛡️🌐
🔗 For real-time updates and insights, follow The Blockopedia!
#ETHSpotETF #CelsiusETHUnstaking #XRPBurn #cryptocurrency #crypto2024
In a recent twist of events, a staggering $15 billion XRP transaction to Bitfinex faced a thwarted exploit attempt, shedding light on vulnerabilities in cryptocurrency security. Here's a breakdown of the incident and the subsequent failed attack on Binance:
1. The Unsuccessful $15B XRP Transaction: A Closer Look 🔄
On January 14, a massive transfer of 25.6 billion XRP to Bitfinex created a buzz in the crypto community. However, the blockchain tracking account Whale Alert later retracted its initial report, admitting inaccuracies. Paolo Ardoino, CTO at Bitfinex, revealed the attempt of a "Partial Payments Exploit."
2. Partial Payments Exploit Unveiled 🤯
The attacker aimed to manipulate Bitfinex's software, assuming it was improperly configured to process partial payments. The exploit involves sending a smaller amount in a transaction field, anticipating an error in processing by the exchange's system. Fortunately, Bitfinex's proper handling of the "delivered_amount" field thwarted the attempt, preventing potential losses.
3. Failed Attack on Binance: Double Trouble for the Attacker 🎯
Interestingly, the same assailant targeted Binance with a transaction involving 58.9 billion XRP. Mirroring the Bitfinex incident, Binance's robust security measures successfully repelled the exploit attempt. This dual defense emphasizes the crucial role of security protocols in safeguarding crypto exchanges.
💡 Conclusion: Stay Informed, Stay Secure! 🛡️🌐
🔗 For real-time updates and insights, follow The Blockopedia!
#ETHSpotETF #CelsiusETHUnstaking #XRPBurn #cryptocurrency #crypto2024
XRP's Fair Value Ranges from $9.81 to $513,000 🚀📊
Dive into the captivating world of XRP as Valhill Capital shakes up the status quo with groundbreaking research, revealing an astonishing fair value range of $9.81 to $513,000. Let's explore the factors behind this revelation and what it means for the future of XRP! 💹🌐
XRP Under Suppression: Market Dynamics at Play 📉
Despite its game-changing potential in cross-border settlements, XRP has faced challenges amidst crypto market surges. Currently trading at $0.5759, 82% down from its peak, market observers suspect prolonged price suppression may be a key factor in XRP's underperformance.
Quest for Fair Market Value: A Consolidated Approach! 🧐
Valhill Capital takes a consolidated approach, combining six diverse valuation models to unveil the fair market value of XRP. The models include Pipeline Flow, Athey & Mitchnick, 99-Year Golden Eagle, Discounted Cash Flow, Collateralization, and Quantum Liquidity, offering intriguing insights into XRP's potential.
Diverse Valuation Models: XRP's Fair Value Range Unveiled!
Pipeline Flow Model ($3,541): Envisions a global shift in foreign exchange volume to the XRP Ledger, propelling XRP's price to $3,541.
Athey & Mitchnick Model ($4,813): Predicts XRP capturing 10% of the global cross-border payments market, reaching $4,813 by 2030.
99-Year Golden Eagle Model ($13,386): Focuses on XRP as a medium of exchange, projecting a price of $13,386 based on transactional use.
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows.
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair market value at $122,580.
Navigate the XRP Landscape: Your Gateway to Unprecedented Opportunities!
Stay tuned for real-time insights and updates by following The Defidraft! Explore the unprecedented opportunities within the XRP landscape.
Like, share, and follow @MeMeLauncher for more crypto insights that reshape the narrative! 🌐📈 #XRPPotential #CryptoInsights #XRP #XRPBurn
Dive into the captivating world of XRP as Valhill Capital shakes up the status quo with groundbreaking research, revealing an astonishing fair value range of $9.81 to $513,000. Let's explore the factors behind this revelation and what it means for the future of XRP! 💹🌐
XRP Under Suppression: Market Dynamics at Play 📉
Despite its game-changing potential in cross-border settlements, XRP has faced challenges amidst crypto market surges. Currently trading at $0.5759, 82% down from its peak, market observers suspect prolonged price suppression may be a key factor in XRP's underperformance.
Quest for Fair Market Value: A Consolidated Approach! 🧐
Valhill Capital takes a consolidated approach, combining six diverse valuation models to unveil the fair market value of XRP. The models include Pipeline Flow, Athey & Mitchnick, 99-Year Golden Eagle, Discounted Cash Flow, Collateralization, and Quantum Liquidity, offering intriguing insights into XRP's potential.
Diverse Valuation Models: XRP's Fair Value Range Unveiled!
Pipeline Flow Model ($3,541): Envisions a global shift in foreign exchange volume to the XRP Ledger, propelling XRP's price to $3,541.
Athey & Mitchnick Model ($4,813): Predicts XRP capturing 10% of the global cross-border payments market, reaching $4,813 by 2030.
99-Year Golden Eagle Model ($13,386): Focuses on XRP as a medium of exchange, projecting a price of $13,386 based on transactional use.
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows.
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair market value at $122,580.
Navigate the XRP Landscape: Your Gateway to Unprecedented Opportunities!
Stay tuned for real-time insights and updates by following The Defidraft! Explore the unprecedented opportunities within the XRP landscape.
Like, share, and follow @MeMeLauncher for more crypto insights that reshape the narrative! 🌐📈 #XRPPotential #CryptoInsights #XRP #XRPBurn
Xrp sitting out 2024 bull run
Ripples next court date is April 2024, next Bitcoin halving is April 2024 anyone else think this happened on purpose or is it just coincidence? It could essentially force xrp out of this upcoming bullrun and severely hinder price upswing from Bitcoin halving. Unless everything happens to be settled before the markets actually start to move after the halving. What are your opinions?
#XRPBurn #XRPWhaleAccumulation $XRP
Ripples next court date is April 2024, next Bitcoin halving is April 2024 anyone else think this happened on purpose or is it just coincidence? It could essentially force xrp out of this upcoming bullrun and severely hinder price upswing from Bitcoin halving. Unless everything happens to be settled before the markets actually start to move after the halving. What are your opinions?
#XRPBurn #XRPWhaleAccumulation $XRP
How Much of the XRP Supply Is Permanently Gone When the Total Burn Exceeds $6.8 Million?
The XRP community is increasing the amount of work it puts into the burning of tokens in an attempt to limit the amount of the digital asset that is currently in circulation. The cumulative amount of tokens that have been burnt has reached a new all-time high, marking a new milestone that has been reached as a result of the persistent burning.
In excess of twelve million XRP were burned.
In accordance with the information that can be seen on the XRPScan website, the total quantity of XRP coins that have been destroyed up to this point has surpassed the 12 million. At the present pricing of the market, this indicates that the community as a whole has transferred more than $6.8 million worth of tokens to the address designated for burn.
In spite of the fact that this number can seem to be substantial, it is really rather little when compared to the total number of tokens that are available. With just 12 million tokens in circulation thus far, the maximum supply of XRP is hardly making a dent, with the maximum supply now resting at 99,987,995,691. The maximum supply cap for XRP is 100 billion.
Additionally, this quantity of tokens that have been burnt indicates that just 0.012% of the overall supply has been destroyed up to this point. In comparison to other cryptocurrencies, such as Shiba Inu and FLOKI, which have had more than fifty percent of their token supply assigned to burn addresses, this is a negligible amount.
That being said, the burn number provides a glimpse into the manner in which investors on the blockchain are doing their business. The reduction of the overall supply of XRP is indicative of a dedication to improving the value of the digital asset, despite the fact that burns are not the primary focus of the typical investor in XRP.
We have surpassed 5 million active accounts.
On the XRP Ledger, the burn rate of the XRP coin is not the only indicator that has just set a new all-time high. Other metrics have also reached new highs. The blockchain got off to a rousing start in the year 2024, when the total number of active accounts surpassed the desired threshold of 5 million. As this article is being written, the total number of active accounts represents 5,007,658, indicating that the asset's interest returns have been steadily increasing over time.
In light of the fact that it is anticipated that the asset would be among the alternative cryptocurrencies that might be approved for a Spot ETF following Bitcoin, this comes as a surprise. Ripple, on the other hand, continues to face accusations of price suppression from the community. This is particularly true when considering the fact that the cryptocurrency company is holding a significant chunk of the XRP supply in its escrow account.
David Schwartz, the Chief Technology Officer of Ripple, has addressed the claims of price suppression on X (which was once known as Twitter). He claims that the company's holdings of XRP have not undergone any substantial changes, and that they have not been selling off coins in an effort to bring the price down.
#xrp #XRPBurn #crypto2024 $XRP
In excess of twelve million XRP were burned.
In accordance with the information that can be seen on the XRPScan website, the total quantity of XRP coins that have been destroyed up to this point has surpassed the 12 million. At the present pricing of the market, this indicates that the community as a whole has transferred more than $6.8 million worth of tokens to the address designated for burn.
In spite of the fact that this number can seem to be substantial, it is really rather little when compared to the total number of tokens that are available. With just 12 million tokens in circulation thus far, the maximum supply of XRP is hardly making a dent, with the maximum supply now resting at 99,987,995,691. The maximum supply cap for XRP is 100 billion.
Additionally, this quantity of tokens that have been burnt indicates that just 0.012% of the overall supply has been destroyed up to this point. In comparison to other cryptocurrencies, such as Shiba Inu and FLOKI, which have had more than fifty percent of their token supply assigned to burn addresses, this is a negligible amount.
That being said, the burn number provides a glimpse into the manner in which investors on the blockchain are doing their business. The reduction of the overall supply of XRP is indicative of a dedication to improving the value of the digital asset, despite the fact that burns are not the primary focus of the typical investor in XRP.
We have surpassed 5 million active accounts.
On the XRP Ledger, the burn rate of the XRP coin is not the only indicator that has just set a new all-time high. Other metrics have also reached new highs. The blockchain got off to a rousing start in the year 2024, when the total number of active accounts surpassed the desired threshold of 5 million. As this article is being written, the total number of active accounts represents 5,007,658, indicating that the asset's interest returns have been steadily increasing over time.
In light of the fact that it is anticipated that the asset would be among the alternative cryptocurrencies that might be approved for a Spot ETF following Bitcoin, this comes as a surprise. Ripple, on the other hand, continues to face accusations of price suppression from the community. This is particularly true when considering the fact that the cryptocurrency company is holding a significant chunk of the XRP supply in its escrow account.
David Schwartz, the Chief Technology Officer of Ripple, has addressed the claims of price suppression on X (which was once known as Twitter). He claims that the company's holdings of XRP have not undergone any substantial changes, and that they have not been selling off coins in an effort to bring the price down.
#xrp #XRPBurn #crypto2024 $XRP
