TL;DR
- XRP’s price increased to $0.73, its highest in three months, potentially due to Ripple’s new partnerships and positive progress in its SEC lawsuit, with speculation of a bull run if Ripple wins the case.
- Bitcoin reached a price of $36,000, the highest in 18 months, with the BTC Fear and Greed Index indicating “Greed” for 16 consecutive days, suggesting high investor interest and optimism.
- Shiba Inu burned over 173 million tokens, resulting in a 20,000% increase in the burn rate, potentially increasing its value, with developments in the Shibarium layer-2 solution aiming to enhance its position in the memecoin market.
XRP Price Rally
One of the trendiest crypto assets in the entire market – XRP – has been on a tear lately, with its valuation spiking to significant heights. Earlier this week, the coin surpassed $0.73 (per CoinGecko) for the first time in over three months. It later slightly descended and is currently worth around $0.68.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased