Whales And Sharks Push XRP Price To New 3-Year High, On-Chain Data Shows

Quick Summary:

The cryptocurrency market has somewhat cooled off over the last few days, but the XRP price seems to have picked up momentum of its own in that period.

The usually tame cryptocurrency seems to be decoupling from the market, outperforming the other large-cap assets in the top ten.

Historically, any cryptocurrency tends to see positive market cap growth when its key stakeholders are increasing their holdings and confidence, while simultaneous retail FUD fuels this growth more.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets: Hungary

Topics: XRPUSDT Santiment XRP price XRP Whales Sharks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 10:00:14 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23627937

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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