Bear in mind when again in March, Forbes referred to as XRP a “zombie token”? Effectively, that aged like milk in the solar.
With Bitcoin’s rally easing, XRP is making headlines and turning skeptics into believers.
We’re speaking a few 400% surge that simply pushed XRP into the #3 spot by market cap.
The identical XRP that was supposedly “lifeless in the water” again in March 2024 is now making Forbes eat their phrases. The crypto group is not simply celebrating – they’re screenshot-hunting these previous articles for some prime-grade social media roasting.
Humorous how briskly narratives can flip in crypto, is not it?
So what precisely is happening? Let’s make sense of all of it! Here’s a fast rundown of the high headlines from the previous 24 hours:
-
XRP simply flipped Tether for the #3 spot with a mind-blowing 439% rally to $2.70. So time for XRP-based meme cash now? 🚀
-
$588M in liquidations simply rocked the market, with XRP merchants taking the largest hit. However how did XRP merchants get liquidated? 📉
-
Bitcoin’s vanishing from exchanges quicker than ever. What’s going on? 🫠
-
MOG Coin jumped 20% after catching Coinbase’s eye. Is Coinbase lastly giving in to the meme coin craze? Which token is subsequent on their checklist? 🎯
-
Reserve Rights (RSR) pumped 88% on rumors about Paul Atkins turning into SEC chair. However why do individuals believe he is truly getting the job? 🤔
Let’s dive in!
XRP simply pulled off one thing outstanding – a 439% surge that pushed it previous Tether to say the third spot in the crypto rankings. At $2.70, XRP is now sitting at ranges not seen since 2018.
In the meantime, the meme coin rally appears to be hitting a brief wall. Dogecoin slipped to $0.42, and others like Shiba Inu and Pepe are following swimsuit.
However this is the place it will get fascinating – the XRP ecosystem is creating its personal meme coin narrative. A token referred to as ARMY exploded from below $1 million to $90 million in market cap in simply days. One fortunate dealer turned $478 into $100,000 throughout this hype.
So time for XRP-based meme cash now? Learn the full story!
A brutal 24 hours simply worn out $588 million in crypto positions, catching each bulls and bears off guard. XRP led the carnage with $69 million in liquidations after touching $2.82 – its highest level since 2017 – earlier than taking a dive to $2.56.
Bitcoin merchants weren’t spared both. The drop under $96,000 triggered $60 million in liquidations, whereas Ethereum adopted shut behind with almost $58 million worn out.
However how did XRP merchants get liquidated? Learn the full story!
One thing fascinating is occurring with Bitcoin that most individuals aren’t speaking about.
