Elon Musk's Latest Post Sparks Excitement in Dogecoin Community, $2.47 Billion XRP Traded in 24 Hours
Elon Musk turned his attention to the Dogecoin community yesterday, creating quite a buzz 🐕. The tech mogul, who is known for his fondness for the meme coin, shared an image on X, depicting himself as an executive director in the Department of Government Efficiency, with the acronym “DOGE” in his title. Musk captioned it, “I’m ready to serve,” which quickly caught the attention of the crypto world 🚀. The post quickly went viral, garnering over a million likes and over 55,000 comments 👍. Dogecoin’s price subsequently rose 3.56%, reaching $0.105 📈. While the broader crypto market rally played a role, Musk’s involvement has clearly reignited enthusiasm for Dogecoin among traders.
XRP Hits $2.47 Billion Trading Volume: What’s Driving This Surge?
The bullish wave in the crypto market also had a big impact on XRP 📊. Associated with Ripple, XRP price increased by 4.17% to $0.61, bringing its market capitalization to an impressive $34 billion 💰. A major factor in this surge was the sharp increase in trading activity, with XRP volume jumping 105.84% to $2.47 billion in just 24 hours. However, today, XRP trading volume has decreased by 43.78%, currently standing at $1.24 billion 📉. The token is currently trading at $0.5928, showing a slight increase of 0.06% 📉.
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