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The top five largest holders of XRP as of 2024 include a mix of Ripple-affiliated wallets, exchanges, and co-founders: 1. Ripple Labs: Ripple is the largest holder, controlling approximately 46 billion XRP, much of which is in escrow to be released gradually into circulation. 2. Upbit Exchange: A South Korea-based exchange, holding over 6 billion XRP. 3. Binance: The leading global crypto exchange holds approximately 2.9 billion XRP, mostly comprising customer funds. 4. Chris Larsen: Ripple co-founder and former CEO, holds over 2.8 billion XRP directly in traceable addresses. 5. Uphold Exchange: This U.S.-based exchange holds around 2.1 billion XRP, known for being XRP-friendly. This centralized distribution highlights Ripple's significant influence over XRP supply and market dynamics. #Ripple💰 $XRP
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The top holders of Dogecoin (DOGE) include a mix of centralized platforms and anonymous wallets: 1. Robinhood Wallet: Holds the largest amount of DOGE, approximately 32.96 billion coins, representing about 23.15% of the total supply. This is a cold wallet used to manage client assets. 2. Unknown Wallets: An anonymous wallet holds 38.43 billion DOGE (27.95% of the supply), while others hold approximately 7.9 billion (5.6%) and 7.45 billion (5.42%) DOGE, respectively. 3. Binance: As one of the major holders, a Binance wallet contains around 6.4 billion DOGE. 4. Cryptsy Exchange Wallet: Despite the exchange being defunct, its wallet still holds about 5 billion DOGE. 5. Robinhood's Second Wallet: Another Robinhood wallet holds around 4.6 billion DOGE, actively engaging in large transactions. The concentration of holdings, with top wallets controlling a significant portion of the supply, makes DOGE susceptible to market manipulation. #DOGE $DOGE
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Bitcoin Bull Market Is Only Starting – Analyst Breaks Down Key Market Drivers
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Dogecoin Price Fades as Other Memecoins Surge: Is DOGE Losing its Grip? The Dogecoin price has recently experienced a significant surge, reaching its highest level in three years last week. This increase followed the elections and was driven by the announcement that Elon Musk will co-lead a new initiative called the Department of Government Efficiency (D.O.G.E.) under Donald Trump. However, after this impressive rise, the Dogecoin price began to show slight bearish signs, dropping from its monthly high of $0.43 within the past few days. Interestingly, while the Dogecoin price has dipped, other meme coins have risen even more sharply, showcasing greater percentage gains. Among the top 100 meme coins by market cap, Dogecoin reportedly fell to 7th place in weekly price increases. With an overall gain of 442,260%, market experts are skeptical about the Dogecoin price experiencing another massive rally. They suggest that newer assets like RCOF may outperform Dogecoin once listed on the open market. #COSSocialFiRevolution #DOGE $DOGE
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Cardano (ADA) Price Analysis Cardano (ADA) is currently trading at $0.793, having surged 7.45% intraday, breaking above the key Fibonacci level of $0.776. This marks the third consecutive bullish candle, with ADA inching closer to its 52-week high of $0.819. The price has surged 147% in just 16 days, from $0.32, signaling strong bullish momentum. The ADX line sits at 48.76, indicating room for further growth. Cardano whales have increased their holdings significantly, with whales holding over $10 million worth of ADA boosting their positions by 145.72%. Fibonacci projections suggest potential price targets of $0.994 and $1.363, with $1 being a realistic short-term target. If the daily candle closes above $0.776, a minor retest of this level is possible before further gains. #ADA $ADA
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