XRP, the token of Ripple, has stood out in recent weeks as it rose from below $0.6 to a three-year high above $1.25. 📈 According to data from Santiment, this strong growth is mainly due to large purchases from "whales" and "sharks", while retail investors are selling to take profits.
- Whale holdings have reached a 6.5-year high, with over 450 million tokens accumulated in a week.
- Santiment stated that when large investors increase their holdings, market capitalization typically grows positively.
Predictions for XRP are quite optimistic, with the potential to reach $1.5 and even $7, pushing the market cap above $400 billion. 🚀