Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the joli-table-of-contents domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the astra domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Warning: Cannot modify header information - headers already sent by (output started at /var/www/html/news/wp-includes/functions.php:6121) in /var/www/html/news/wp-includes/rest-api/class-wp-rest-server.php on line 1896 {"id":9208,"date":"2023-11-01T11:13:05","date_gmt":"2023-11-01T11:13:05","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=9208"},"modified":"2023-11-01T11:13:07","modified_gmt":"2023-11-01T11:13:07","slug":"xrp-skyrockets-how-whales-are-driving-the-surge","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/xrp-skyrockets-how-whales-are-driving-the-surge\/","title":{"rendered":"XRP Skyrockets: How Whales Are Driving the Surge!"},"content":{"rendered":"\n

The Rise of XRP and Its Whale Investors<\/h2>\n\n\n\n

Ripple’s native cryptocurrency, XRP, has recently seen a remarkable surge in value, crossing the $0.60 mark for the first time since mid-August. This 8% increase within a week positions XRP among the top performers in the cryptocurrency market. The spike in XRP’s value coincides with heightened activity from large-scale investors, commonly referred to as “whales.” These investors have been involved in transactions exceeding $1 million, marking a three-month high in whale activity. Additionally, the total number of XRP “sharks” and “whales” \u2014 investors holding at least 10,000 XRP \u2014 has reached an all-time high of over 277,000.<\/p>\n\n\n\n

Analyzing the Market: Predictions and Possibilities<\/h2>\n\n\n\n

The recent trends in XRP’s market performance have sparked a range of predictions from cryptocurrency analysts. While some, like Dark Defender and Cryptoinsightuk, forecast a rise to $0.66 and $1.36 respectively, others have made more ambitious predictions. Notably, CryptoBull envisions XRP reaching an astonishing $220 in the next bull run, following patterns from previous cycles. However, for such a prediction to materialize, XRP’s market capitalization would need to exceed $100 trillion, a figure that appears highly unrealistic at present.<\/p>\n\n\n\n

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\ud83d\udcc8 #XRP<\/a> revisited a $0.60 market value for the first time since its tumble back on August 16th. Along this road back, we have seen whales get gradually more involved. Additionally, there are now an #alltimehigh<\/a> 277.62K wallets holding at least 10K $XRP<\/a>. https:\/\/t.co\/lGs6YO51qw<\/a> pic.twitter.com\/4tuffNXNcx<\/a><\/p>— Santiment (@santimentfeed) November 1, 2023<\/a><\/blockquote>