XRP Whales Shift 62 Mln Tokens Amid Price Rally, Is $0.75 Next?

XRP, a cryptocurrency backed by Ripple Labs, once again curated a tidal wave of bullishness among crypto market enthusiasts across the globe as its price continued an upward movement today, February 29. Aligning with the pump witnessed by XRP today, CoinmarketCap’s charts showcase the Ripple-backed token’s movement surpassing the $0.60 mark again, after crossing it briefly yesterday. This upward movement gained additional traction among crypto market fanatics as it comes following the SEC’s push to extend remedies-related briefings deadlines in the lawsuit against Ripple.