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#hamou XRP rises above $2, gaining strength in the market
After falling to a session low of $1.94 on Friday, XRP rebounded strongly, regaining important price support. By Saturday, the price of the currency had risen to $2.15, recording an increase of 5.52% over the past twenty-four hours.
This recovery followed significant on-chain activity involving Ripple, with 200 million XRP - worth over $402 million - transferred to an unknown wallet, raising curiosity among analysts and market watchers.
Market metrics reflect changing investor behavior
Glassnode, a blockchain analytics company, revealed that the recent significant increase in XRP's price in February was largely driven by the influx of new capital. During that period, XRP's realized market cap surged from $30.1 billion to $64.2 billion, approximately $34 billion, primarily driven by the entry of new investors.
$BTC $XRP $ETH #SECGuidance #BinanceSafetyInsights $#BinanceVoteToDelist
After falling to a session low of $1.94 on Friday, XRP rebounded strongly, regaining important price support. By Saturday, the price of the currency had risen to $2.15, recording an increase of 5.52% over the past twenty-four hours.
This recovery followed significant on-chain activity involving Ripple, with 200 million XRP - worth over $402 million - transferred to an unknown wallet, raising curiosity among analysts and market watchers.
Market metrics reflect changing investor behavior
Glassnode, a blockchain analytics company, revealed that the recent significant increase in XRP's price in February was largely driven by the influx of new capital. During that period, XRP's realized market cap surged from $30.1 billion to $64.2 billion, approximately $34 billion, primarily driven by the entry of new investors.
$BTC $XRP $ETH #SECGuidance #BinanceSafetyInsights $#BinanceVoteToDelist
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#Binanc #BinanceSquare $BTC $SOL $BNB #hamou #hamoumk
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