ceo binance stated xrp will surpass bitcoin in 2022 xrp to 95 000 ripple labs has left no stone
unturned to remain loyal to investors despite the fact that the sec case against ripple prevails
there are several factors affecting the price trajectory of x rp something that the xrp
community has been very excited about in recent weeks welcome to the rich club channel if you like
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about xrp write the answers in the comments giving away 500 xrp at the end of the week
one random subscriber will receive xrp coins take a look at the instructions in the comments section
all you need to do is write the word xrp watch the video to the end to like and subscribe sensing a
possible explosion of xrp ripple labs has taken various steps to strengthen the very core of the
platform firstly on march 17th the platform announced the inclusion of michael warren in
its board of directors a former senior white house advisor under the obama administration warren has
led financial services international business and public policy for decades given the past
experience of regulatory clarity this move will help ripple expand its presence in global markets
we are pleased to welcome michael warren to our board of directors michael will play a key role
at ripple as we continue to fight for regulatory clarity in the us and expand our presence in
global markets ripple ceo brad garlinghouse saw this move as a way to strengthen his political
bench further addition as ripple prepares for its next phase after a record year of success in 2021
michael's unique experience will be an invaluable resource determining our next steps to accelerate
the company's growth and wider adoption of ripples offerings by customers around the world
speaking of events said platform has provided one billion of its xrp tokens as grants for developers
to create projects based on its distributed ledger focused on payments in general these events will
really serve as a catalyst for the price movement of xrp in fact ripple's valuation reached 15
billion dollars after the company carried out a share buyback according to coin market cap
the sixth largest token has grown by more than three percent in 24 hours at the time
of publication it was trading just below the zero dollars eight mark the most relevant question is
whether there was room for more well yes according to rect capital a well-known xrp analyst was in
the process of restoring support i in july 2021 if successful xrp may soon reach the one dollar mark
the analyst also stated that restore the blue color support in july 2021 and xrp may approach
one dollar red according to the transaction page in the tracking service whale alert 100 million
xrp were transferred from a major exchange to an unmarked wallet which currently holds just over
100 million coins in another case 60 million were transferred from an unknown wallet to bitstamp
this demonstrated clear demand or rather bullish sentiment in the market in its current form the
trading volume of xrp has also increased according to the xrp charts volume has increased by two
percent at the time of publication in just a day moreover at the time of writing the indicator
of social activity on twitter according to bit info charts reached an impressive figure of 183
886 tweets in one day it is important to note that the chairman of the securities
and exchange commission sec gary gensler has repeatedly carefully studied cryptocurrency
firms some such as republican congressmen from minnesota tom ammer found it overly burdensome
that's why today i sent a bipartisan letter to sec chairman at gary gensler with it rep darren soto
and warren davidson at republican class at rep donald's press at rep josh g at rep ted bud and
at rep richie regarding the sec's cryptographic information retrieval process according to the
data provided by the whale alert platform which tracks the main movements of the cryptocurrency
several huge xrp accumulations have been moved over the past 24 hours these transfers were made
by ripple and the binance cryptocurrency exchange during these transfers a total
of 100 million xrp tokens were moved xrp which is currently in sixth place is trading at one dollar
zero eight the popular blockchain tracker whale alert shared in a tweet that an incredible
transfer of xrp in the amount of 108 million 241 261 u.s dollars has been made in the last 24 hours
it says that this transfer was carried out by the ripple and binance exchanges san francisco-based
ripple has sent 40 million xrp tokens to its rl18vn wallet and bitso cryptocurrency exchanger
the address in question is usually the address that ripple uses to distribute xrp the second is
ripple's odl partner in mexico and latin america earlier this year bitso raised one billion dollars
iron funding this event makes bitso latin america the first billion dollar cryptocurrency venture
binance on the other hand has transferred a total of 60 million xrp to bitco and other
cryptocurrency exchanges the cryptocurrency market is recovering but the anonymous wallet decided in
the meantime to get rid of a huge number of xrp coins while others decide to store their coins
in cold or hot wallets instead of exchanges this xrp whale moved a large amount of funds
to a centralized exchange and most likely sold immediately according to the transaction activity
in the chain an anonymous wallet ending in ski has moved 40 million coins to a wallet belonging to
the centralized binance exchange currently almost 13 million coins are stored in an unknown wallet
the wallet received 40 million coins just a day before a major transaction from another unknown
wallet that holds significantly more xrp the exchange between unknown whales is completely
anonymous and was not known to the general public the second wallet which initially transferred 40
million coins to the wallet that sold it on binance currently contains 156 million xrp
coins a larger wallet may be connected to another centralized exchange in some way
since it constantly receives a large amount of funds from it including these 40 million coins the
sale of coins on the binance exchange could lead to a rapid rollback of xrp which is moving with a
profit of two five percent today the current daily volume of xrp on binance is 156 million coins the
transaction amount is approximately 25 percent of the current daily trading volume on the exchange
wxrp is based on the ethereum at 20 standard according to the blog post the withdrawal of
funds for this cryptocurrency will be added later binance warns that deposits in wrapped
xrp will be credited as xrp and users will be able to start trading them immediately
the exchange team provided the address of the wxrp contract wxrp is a token secured by xrp one
colon one and it can be exchanged or sent to blockchains alternative to xrpl the xrp reserve
which can be exchanged for wxrp belongs to the wrapped dlt project which wraps the original coins
allowing them to be used in new blockchain networks such as ethereum and dapps wallets
including defy wxrp can also be used for betting in liquidity pools on several platforms
including sushi swap and unicorn thus wxrp provides more new use cases for xrp
binance reserves in wxrp are managed by the hex trust custodian the ticker wxrp means wrapped xrp
created in particular within the framework of the wrapped project however you can wrap
a ripple related coin through other platforms as well the live xrp price today is zero dollars
88 u.s dollars with a 24-hour trading volume of 3 billion 740 million us dollars
we update our xrp to usd price in real time xrp is down zero four percent in the last 24 hours
do you think xrp will be able to win the court and restore its former price
write the answers in the comments that's it for today thank you for watching this
video to the end if you liked it then don't forget to like it and subscribe to the channel