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Cryptocurrency News Articles
XRP Price Surge: Whale Activity, Big Holders, and Global Adoption
Jan 29, 2025 at 08:48 pm
XRP is getting more attention due to major news that could change its future. The token is now available at $3.12, with a market cap of $179.58 billion.
XRP is making headlines again with major news that could change its future. The token, now available at $3.12, has seen large holders, or whales, making big moves.
Reports indicate that 120 million XRP were bought during a recent price dip, according to a report from @ali_charts. This buying activity, especially by whales, often leads to price increases.
At the same time, XRP’s transaction volume is at $8.23 billion, despite dropping 44.27% in a day. However, this activity might help stabilize price changes. In the past, big whale purchases have occurred before major price jumps, building a strong case for further upsurges.
One of the biggest updates comes from Ripple CEO Brad Garlinghouse, who is said to have met with former U.S. President Donald Trump to discuss making XRP a strategic reserve asset. If this happens, it could increase demand for XRP in official financial systems.
In the past, support from major institutions has led to strong price growth, and this could do the same for XRP.
At the same time, reports suggest that Russia’s Central Bank is looking into using XRP for payments. As countries look for better payment options, XRP’s fast and low-cost transfers make it a strong choice. If Russia starts using XRP, it could bring more transaction activity and make the token even more useful.
XRP’s technical indicators also point to a possible price jump. It is now priced above the 20-day EMA at $228 and the 50-day EMA at $201. Analysts from XForceGlobal note that XRP has formed an ascending triangle pattern, a price setup often seen before big breakouts.
If this plays out as expected, XRP could rise to $4-$10, just as it has in past breakout moves.
If buying pressure keeps building, XRP could soon face new resistance levels. The first key level to beat is $5, which would be a 60% increase from today’s price. If XRP reaches $10, that would be a 220% jump.
With strong whale support, interest from large institutions, and technical strength, XRP may be on its way to much higher prices.
Minotaurus (MTAUR): The Next Bold Step for XRP Enthusiasts
As Ripple basks in the limelight, emerging opportunities like Minotaurus (MTAUR) are rising rapidly, having hit 1.4M+ USDT in total purchases. The current price stands at 0.00010007 USDT, with an upcoming increase to 0.00012 USDT in the next phase.
Unlike the unpredictable markets, Minotaurus follows a step-by-step price model, ensuring gradual movement instead of erratic jumps. Built on Binance Smart Chain, the project complements its gaming ecosystem with low transaction costs and fast processing speeds.
Within the labyrinth-runner game, MTAUR plays a functional role, enabling players to unlock new features, enhance their minotaur, and access hidden paths.
Minotaurus also prioritizes community engagement, allocating 10% of the total token supply for community-driven initiatives like referral & vesting programs and a 100K USDT giveaway. The project has already gathered over 18,500 participants, indicating strong interest and word-of-mouth growth.
Security is a key focus, with SolidProof and Coinsult audits providing transparency and assurance.
With the final listing price set at 0.00020 USDT, Minotaurus offers a structured approach that allows participants to enter at defined price stages rather than guessing market trends.
Conclusion: Can XRP Hit $10?
With big whales buying, institutional talks, and more global adoption, XRP reaching $10 is becoming more possible. If Ripple secures a U.S. reserve asset status, and Russia starts using XRP, demand could grow fast. There may still be short-term price changes, but the long-term trend looks strong.
While waiting for Ripple to make its move, savvy holders are eagerly exploring emerging alternatives, and Minotaurus is among them. Backed by a strong foundation and incentives for early participants, MTAUR might be a worthy addition to XRP portfolios.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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