BEAMSTART Logo

Trader Turns $2.5K Into $200K: A High-Stakes XRP Bet Pays Off

Coinpedia LogoCoinpedia16h ago

Trader Turns $2.5K Into $200K: A High-Stakes XRP Bet Pays Off - Coinpedia

Quick Summary:

While the risk was immense, the strategy paid off as XRP’s price surged drastically, after the announcement of approval of RLSUD stablecoin.

Currently, XRP is trading at $2.33, reflecting a 12% increase in the last 24 hours.

XRP has been on an impressive rally, surging 500% since October.


More Pictures

Trader Turns $2.5K Into $200K: A High-Stakes XRP Bet Pays Off - Coinpedia (Picture 1)

or

Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 14:45:40 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24355645

View Article Analysis

About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 17 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Trader Turns $2.5K Into $200K: A High-Stakes XRP Bet Pays Off" has 300 words across 22 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Trader Turns $2.5K Into $200K: A High-Stakes XRP Bet Pays Off" was covered 16 hours ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 17 news stories per day.

It's most recent story was published 13 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #24355645
  • URL: https://beamstart.com/news/trader-turns-25k-into-200k-17339284316175

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.