The post Ripple Whales Buy Up 390 Million XRP, Could This Trigger Price Recovery? appeared first on Coinpedia Fintech News
Recent reports indicate that Ripple whales have purchased 390 million XRP tokens.This accumulation has raised hopes that an XRP price recovery could be on the horizon. While this Ripple whales activity is interesting, a new altcoin is positioned to deliver even more gains, especially from its ongoing presale. WallitIQ (WLTQ), currently trading at just $0.0171, has shown incredible potential.
Ripple Whales Add 390 Million XRP, Hinting At A Potential XRP Price Recovery
On-chain data reveals that XRP’s active accounts have surged to a seven-month peak, marking a positive trend for the XRP price recovery, despite market uncertainty. Over the past two weeks, Ripple Whales accumulation has been particularly notable, with large addresses amassing 390 million XRP tokens with a XRP price recovery on the horizon.
According to CryptoQuant data, the number of active accounts on the XRP Ledger (XRPL) has seen a rise. Starting from a low of under 10,000 active accounts in early October, XRP’s network activity has surged. On Oct. 12, the number of active accounts jumped above 14,500, and as of now, it has reached 24,411—levels not seen since March 2024.
Adding to the bullish signs, the XRP price is witnessing a significant accumulation of Ripple whales signaling an XRP price recovery. According to market intelligence platform Santiment, Ripple whales holding between 1 million and 1 billion XRP have increased their holdings by 390 million XRP tokens—worth approximately $198.9 million—since October 21.
This notable Ripple whale accumulation trend suggests that investors are positioning themselves for a potential XRP price recovery. The combined effect of growing active accounts and Ripple whales purchases creates a strong base for the bulls as the XRP price recovery begins from its recent slump below $0.50.
WallitIQ (WLTQ): The Hidden Gem With Huge Potential
Even with the news regarding the XRP price recovery, many investors are still looking into the potential of new altcoins. One such asset that exhibits promise is the WLTQ altcoin. For its innovative solutions that could help investors manage, store, and protect their crypto assets, WallitIQ (WLTQ) has garnered attention.
WallitIQ (WLTQ) is appealing because of its security features, such as its behavioral analysis tools, which are trained to identify anomalies and alert users to stop potential fraud and data breaches. Before allowing users to access the platform, it also uses Escrow Connect to check external dApps for security risks. Using AES and ECC encryption tools, WallitIQ (WLTQ) enhances security even more.
Additionally, WallitIQ’s (WLTQ) smart contract has been audited by SolidProof, a reputable company specializing in blockchain security audits and smart contracts. WallitIQ (WLTQ) also added biometric and facial recognition features as an added layer of security.
With its AI-powered predictive analysis tools, WallitIQ (WLTQ) also helps traders stay on top of their game by predicting market trends and price movement so they can capitalize on market changes. Consequently, investors can access real-time trading insights and forecasts supported by the WallitIQ (WLTQ) platform data.
The user experience is further improved by the integration of WallitIQ’s (WLTQ) Scan & Pay QR method. Using a straightforward QR scan code, this method allows investors to transact quickly and efficiently. Manually inputted wallet addresses, which frequently lead to financial loss, are eliminated by this payment pattern.
Additionally, the WallitIQ (WLTQ) AI and ML wallet has a feature that allows users to create content with personalized learning paths based on their preferred medium and learning objectives. This implies that various subjects are taught through interactive lessons, audio, videos, and articles.
Fortunately, WallitIQ (WLTQ) is still in the presale phase. This indicates that the token’s price ($0.0171) is still meager, making it advantageous for novice traders. However, these tokens are selling so quickly that any investor who doesn’t act soon will lose out on this offer.
Conclusion
The WLTQ altcoin has been listed on CoinMarketCap and is ready for its parabolic rise. Astute investors can increase their portfolios with minimal investment by taking advantage of WallitIQ’s (WLTQ) presale and investing in the $0.0171 WLTQ token.
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