$XRP #Xrp🔥🔥
In November 2024, the cryptocurrency XRP demonstrated significant growth, rising by 279% and reaching $1.95, marking the highest level since April 2021. ☺️
This increase propelled XRP to third place in market capitalization among cryptocurrencies, surpassing $137 billion, outpacing the stablecoin USDT and the crypto asset SOL. 💘
The main factors behind this success were Donald Trump's victory in the U.S. presidential elections, which boosted investor confidence in assets related to American companies, as well as expectations for the launch of spot crypto funds based on XRP. 🌚
Additionally, reports of potential approval by the New York Department of Financial Services for a new stablecoin from Ripple Labs under the ticker RLUSD further stimulated the increase in XRP's value. 🤤