A bitcoin user has described the various achievements of XRP, foreseeing a significant rise in the cryptocurrency’s price that could bring it closer to the $10 milestone.
bitcoin OG Says XRP $10 in Sight
in a x (formerly Twitter), bitcoin OG, Lucky predicted that the XRP value could appreciate significantly, approaching the $10 mark. He said he had been observing the operations and state of affairs of the XRP ecosystem since July. She also expressed her admiration for the XRP team, highlighting the strength and commitment the team has shown during its long legal battle with the United States Securities and Exchange Commission (SECOND).
been watching @Vibeoperations since the SEC win in July, I can’t help but applaud the team for staying focused on their commitment to the $XRP community.
Few projects recover from such a protracted legal battle that cost them $200 million, but we have seen the Ripple team… pic.twitter.com/3uVbFinpj9
— Luck (@LLuciano_BTC) October 26, 2023
Lucky praised the XRP team for their efforts in staying strictly committed to the growth and health of their community. He mentioned many of the nft-collection-on-xrp-ledger/” target=”_blank” rel=”noopener nofollow”>achievements made by XRP in recent months, including multiple partnerships and the integration of XRP Payments with reputable crypto exchanges like bit mark and Bitso.
Declared several expansion projects underway in the XRP ecosystem, including XRP utilities incorporated into the XRP Ledger as well as the largest user base for XRP Xumm wallet.
“With more developments and projects like the Xumm wallet steadily coming to the XRP Ledger and gaining over 600,000 users in 3 months, $XRP will grow tremendously,” Lucky said.
Total crypto market cap currently at $1.2 trillion. Chart: TradingView.com
Drawing attention to all the recent developments in it XRP NetworkLucky stated that XRP is on the path to explosive growth and believes that the price of the cryptocurrency is already inching towards a milestone of $1 or $10.
“If I am honest, I would say that the price of $XRP is not as far from $1 or $10 as we think, considering the current developments in the ecosystem,” Lucky said.
Whales move over 55 million XRP to crypto exchanges
Whale Alert, a prominent blockchain monitoring and analysis system known for reporting large crypto transactions, has released new data showing deep-pocketed crypto investors moving millions of XRP tokens from unknown wallets to two major crypto exchanges.
Whale Alert revealed two major XRP transactions on Friday for bit mark and Name. A transaction showed a XRP whale transferring 27,000,000 XRP tokens worth $14,879,092 to Bitstamp. Another transaction revealed that 28,500,000 worth $15,704,941 were moved to Bitso.
These large-scale transactions have caused mixed reactions within the XRP community as the XRP price has shown tendencies to react in accordance with the actions of prominent cryptocurrency whales.
Although the identity of Whales It remains a mystery, the crypto community is closely monitoring the possible motivations behind these major transactions and how they could affect the broader XRP market.
Featured image from iStock
