
Elon Musk Criticized for XRP Scam Posts on X Platform
A new wave of fake XRP airdrop posts on X, formerly Twitter, has users questioning the platform’s ability to curb crypto scams, despite Elon Musk’s claims.
A new wave of fake XRP airdrop posts on X, formerly Twitter, has users questioning the platform’s ability to curb crypto scams, despite Elon Musk’s claims.
Ripple is teaming up with billionaire Jared Isaacman on a project to match XRP cryptocurrency donations to the Maui Emergency Response Fund through donation matching.
Bybit has listed an XRP/EUR trading pair while SBI Remit plans to expand Ripple-based remittances to the Philippines, Vietnam, and Indonesia.
An investment of $100 in XRP back in August 2013 would now be valued at over $9,300, representing a staggering ROI of approximately 9,200% over the past decade according to data.
XRP’s price declined in line with the broader crypto market’s reaction to hawkish comments by Fed Chair Powell, while technicals point to further losses ahead as whale data shows major holders reducing exposure.
Amid speculation of an epic XRP price surge like the historic 2017 bull run, sparked by the re-emergence of the ‘Duplex Dip Vortex Springboard’ technical pattern, investors are advised caution and careful risk evaluation due to the highly unpredictable nature of the crypto market.
The return of XRP whales, despite facing selling pressure and dropping below $0.50, has shown signs of a strong recovery, currently trading at $0.5299 with a market cap of over $28 billion.
The SEC has filed to appeal Judge Torres’ ruling that went against them in the Ripple case.
Crypto influencer Bitboy challenges the notion that the decline in XRP’s price suggests a lack of potential for future price growth.
Despite a 3%+ fall, XRP keeps its bullish medium and long-term momentum. Technical analysis shows neutral sentiment currently with a mix of indicators. XRP must climb over 31% to meet the 5-day target of $0.901250.