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Showing posts with the label trading activity

XRP skyrockets as market cap jumps $13 billion in a day

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XRP has been making waves in the cryptocurrency market, experiencing a dramatic $13 billion inflow in just 24 hours. The surge has increased its market capitalization from $124.57 billion to $137.83 billion, propelling the token back into the ranks of the top three cryptocurrencies by market cap, based on data retrieved by Finbold from CoinMarketCap on January 2.  XRP 1-day market cap. Source: CoinMarketCap After hitting lows of $2.01 on December 31, the cryptocurrency climbed to an intraday high of $2.44 during Thursday’s trading session. If XRP closes today in positive territory, it will mark the third consecutive day of gains, signaling a strong recovery and potential for continued bullish movement. Picks for you Ripple prepares for its first XRP dump of 2025 with 300 million reserved in January 31 mins...

Dogecoin Active Users Rise 32%, Will DOGE Price Follow Suit?

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Dogecoin has been stagnant in price this month, as the entire cryptocurrency market is in a bearish state. However, DOGE active users remain high, recently rising as much as 32%. With the boost in activity around the meme coin, will its price also rise as the month closes out? According to IntoTheBlock data, Dogecoin has seen a 32% surge in daily active addresses over the last 24 hours. Transactional activity has remained steady around DOGE for a slow year. Multiple crypto experts have been stumped as to why the leading meme coin hasn’t had as big of a growth as rival meme coins SHIB and FLOKI. At press time, the asset is in a precarious position, trading barely over $0.10. In addition, a recent IntoTheBlock Analysis also revealed that most DOGE holders are in a profit. This correlates to why trading activity is up, perhaps indicating holders taking advantage of their profits. Will Dogecoin Rise at the end Of August? Also Read: Ripple XRP Can Now Be Used To Buy Gold Typically, p...