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XRP Price: Whale Dumps 25 Mln Coins Amid Dip To $0.5, What's Next?

source-logo  coingape.com 20 March 2024 10:50, UTC

In what comes as an unexpected curveball witnessed within the cryptocurrency universe, XRP, a cryptocurrency backed by Ripple Labs, curated a tsunami of speculations today, March 20, as a renowned whale continued dumping significant amounts of tokens amid XRP’s price dip to $0.5. Following a noteworthy upward momentum showcased by the Ripple-backed token over the past few days, as it topped $0.7, this whale’s dump underscored XRP’s recently witnessed bearishness within the broader crypto market, birthing a torrent of speculative buzz on the token’s price action ahead.

coingape.com