Did insiders know something about XRP we didn’t?
Listen guys, the XRP story just got a whole lot more intriguing.
Ripple CEO Brad Garlinghouse dropped the bombshell that the SEC is dropping its appeal, effectively ending the lawsuit. But something interesting happened before.
Lawsuit over, price up
XRP’s price went ballistic, surging from $2.3 to $2.6 in a flash. But here’s the thing, some investors seemed to have a crystal ball.
They loaded up on XRP before the news broke, now owning over 46 billion coins. Let me tell you, it’s quite suspicious, isn’t it? One might wonder if these investors had inside information or just a hunch.
Fair enough, Santiment’s analysis shows that big XRP holders increased their stash by 6.5% in the two months leading up to the announcement.
There were hints that the case might be wrapping up, like similar lawsuits ending and former White House officials claiming it was already closed.
Visible growth
And not only the price experienced a nice jump, Ripple network activity also skyrocketed in March, with six times more unique wallets interacting with it compared to previous months.
The XRP army is already making big predictions, but there’s also talk of a classic sell-the-news moment.
Remember when XRP spiked after Trump’s election win? It was all hype about regulatory changes, but the momentum didn’t last.
XUp or down?
Now that the lawsuit is over, will XRP defy expectations and hit new highs, or will it tumble back down to earth?
The million dollar question, right? Only time will tell, but this is a story that’s far from over.
So, did these investors have a gut feeling or something more? No one knows.
Maybe they just played the odds, but it’s hard not to wonder if there was more to it. Either way, XRP’s journey is about to get a lot more interesting.
Have you read it yet? The $11 million Netflix heist
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Investors Pick Troller Cat from the Best Meme Coins to Buy Today with Hours Left for Stage 7 – Book of Meme and ANDY Cool Off
The Troller Cat presale is gaining momentum, with over $150K raised and a 3541% ROI projection, while BOOK OF MEME and ANDY prices struggle.Troller Cat Is Gaining Ground as the Top Presale in a Crowded Meme Coin MarketBOOK OF MEME Price Drops 12.80 Percent as Momentum SlowsANDY Falls Nearly 10 Percent as Early Momentum CoolsConclusion

3 Top Presale Crypto Projects That Let You Earn Instantly Through Referrals
Explore top presale crypto projects offering instant rewards. BlockDAG gives 25% referrals, while Unstaked and Web3 ai offer 10% each. Start earning today.Unstaked: AI Tools and 10% Referral IncomeWeb3 ai: Early Pricing and 10% Referral BenefitReferral Rewards Are Driving Real Earnings

Ethereum Rebound Likely if Price Holds $2,550
Ethereum eyes $2,650 as TD Sequential hints at a bullish rebound if $2,550 support holds strong.Potential Bounce Ahead for EthereumTechnical Indicators Support a Move to $2,650Why This Level Matters for Traders

Bitcoin Retail Panic After Buying Near ATH Levels
On-chain data shows retail investors panic after buying Bitcoin near all-time highs and seeing a slight market correction.Retail Investors Buy Late, Panic EarlyA 6% Dip Sparks Panic SellingLessons from On-Chain Data

Trending news
MoreCrypto prices
More








