Ripple Whales Go Crazy as XRP Price Can’t Stop Surging
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Crypto markets flipped after Bitcoin’s double-digit rally, lifting broad altcoin performance. XRP led the move with a roughly 30% jump to $1.30 — its highest since June 1 — rebounding from a sub-$1 dip last week and indicating renewed token buying and potential short-term adoption momentum in the altcoin market.
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Something flipped in the cryptocurrency markets over the past 24 hours or so, and many altcoins have started to pick up the pace after bitcoin’s massive double-digit rally.
Today appears to belong to XRP. The native token of the broader Ripple universe has skyrocketed by 30% in a day or so, surging to $1.30 for the first time since June 1. Recall that the asset slipped below $1.00 just last week for the first time in nearly two years. Its subsequent rebound has been nothing short of impressive.
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