XRP Price Shoots Past $0.75 or 60% With Strong Whale Activity
The court ruling has been the major catalyst to send the XRP Price to the moon. Hours after the ruling, the XRP price is trading 60% over the last 24 hours and is currently trading at $0.75. With a market cap of $40 billion, XRP is now the fifth largest cryptocurrency leaving behind USDC Coin. advertisement Also, the trading volumes for XRP across exchanges touched a 10-month high with on-chain indicators flashing all the bullish signals. XRP does not face the same regulatory constraints as securities in the United States, traders are more inclined to invest in it. The recent ruling has increased the visibility of XRP, which is considered a positive development and likely to have a bullish effect. XRP Price Shoots As Whale Activity Hits 2023 High On-chain data provider Santiment reported that the whale activity instantly shot up after the court ruling. Whale transactions on the XRP network have hit their highest in 2023 with a wide margin. In the last 24 hours, ...