XRP: Ripple Whales Buy 110M Coins During Market Dip đđđ°
Ripple whales have been on a buying spree, adding 110 million XRP tokens during the recent crypto market dip. đđ This bold move shows their confidence in XRP's long-term potential, even as the market faces challenges.
The broader crypto market, including Bitcoin and other altcoins, has seen sharp drops recently. đđ However, XRP has held steady, trading around $2.21. Analysts believe this whale activity could be a sign of a potential price recovery. đđ
Adding to the excitement, Ripple recently received approval for its USD-backed stablecoin, RLUSD, from the New York Department of Financial Services. â đ” This could boost Ripple's payment solutions and increase XRP's adoption. đđł
In short, Ripple whales are seizing the dip, and recent developments suggest a bright future for XRP. đđ
