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Whale deposits into Binance have surged to a six-month high, with over 2.66 billion XRP tokens moved to the exchange in the past 30 days. According to the latest analysis by CryptoQuant, this figure marks the largest influx of XRP by large holders since April 2024, indicating a notable uptick in activity among whales. These large inflows suggest that big XRP holders are actively transferring tokens across the network and engaging with Binance as a key exchange. Meanwhile, crypto whales purchased over 100 million XRP amidst the recent market volatility. These large investors capitalized on XRP’s drop below the $2 support threshold, likely due to signs pointing toward a possible price increase. The significant volume of XRP acquired suggests these market participants have strong faith in the token’s future performance despite the ongoing price fluctuations. XRP’s price has since recovered, and the asset was trading near $2.42 at the time of writing, surging by approximately 10% over the past day. This rebound is believed to be influenced by Ripple’s successful regulatory approval to launch RLUSD, its new stablecoin. Ripple Labs CEO Brad Garlinghouse confirmed the approval from the New York Department of Financial Services (NYDFS) after a lengthy review process. In a December 10 X post , Garlinghouse mentioned that Ripple would soon reveal RLUSD’s exchange listings and partnerships. Unveiled in April this year, the stablecoin is set to rival Tether’s USDT and Circle’s USDC. The post Ripple Whale Deposits to Binance Reach 6-Month High, Over 2.66 Billion XRP Transferred appeared first on CryptoPotato .
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AA News Crypto News XRPBTC XRPUSD Brad Garlinghouse Ripple (XRP) Price Stablecoins
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Dogecoin and XRP Flash Bullish Signs with Key Metric Shift
The Mean Dollar Invested Age (MDIA), an on-chain metric tracking the average age of dollars invested in cryptocurrencies, is showing notable shifts for Dogecoin (DOGE) and XRP. This indicator provides insights into market activity by analyzing when each dollar last moved on the blockchain, adjusted to the token’s value at that time. Significant Declines Signal … Continue reading "Dogecoin and XRP Flash Bullish Signs with Key Metric Shift" The post Dogecoin and XRP Flash Bullish Signs with Key Metric Shift appeared first on Cryptoknowmics-Crypto News and Media Platform . Crypto Potato
Pepe Loves Santa (PEPESAN) Solana Memecoin Will Explode 19,000% Before Exchange Listings, While Shiba Inu and DOGE Lag
Pepe Loves Santa could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Pepe Loves Santa (PEPESAN), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because PEPESAN is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Pepe Loves Santa can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Pepe Loves Santa could become the next viral memecoin. Pepe Loves Santa launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Pepe Loves Santa on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Loves Santa by entering its contract address – 9FuN9o4pQgF3NF1v2saWvb7b9hNKDJ1DGU6LSbur437Q – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPESAN. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. Crypto Potato
