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XRP Ledger Gears Up for AMM Launch, Anticipation Builds in Crypto Community
22Mar By OLAJIDE SAMUELNo Comments
XRP News

XRP Ledger Gears Up for AMM Launch, Anticipation Builds in Crypto Community

The XRP Ledger (XRPL) is on the cusp of a major development with the activation of its Automated Market Maker (AMM) feature on March 21st, 2024. This move is expected to bring significant changes to the XRP ecosystem, potentially boosting its adoption and price. Increased Liquidity and Trading AMMs facilitate decentralized trading by creating liquidity pools where users can swap assets. This is expected to increase liquidity for XRP and other assets on the XRPL, attracting more traders and improving overall market efficiency. Read Also: Do Kwon to Face Charges in South Korea After Extradition Battle https://twitter.com/DPGmaximus/status/1770675229637148795 Passive Income Opportunities: Liquidity providers who deposit assets into these pools earn rewards from trading fees. This i...
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XRP: Can it Reclaim its Glory Days?
18Mar By OLAJIDE SAMUELNo Comments
XRP News

XRP: Can it Reclaim its Glory Days?

XRP, the cryptocurrency used on Ripple's payment network, has had a bumpy ride. Despite reaching an all-time high of $1.96 in January 2018, it has struggled to regain that level ever since. However, recent developments and predictions suggest a bright future for XRP. Read Also: Shiba Inu (SHIB) Sees Whale Accumulation Amidst Market Downturn Signs of Hope XRP has shown glimpses of its potential, reaching $0.93 in July 2023 after a positive court ruling in the ongoing lawsuit with the SEC. Additionally, Ripple's On-Demand Liquidity (ODL) services and the growing adoption of the XRP Ledger (XRPL) are fueling optimism. Changelly's Price Forecast Changelly, a cryptocurrency exchange, predicts a strong comeback for XRP. They believe XRP will reach $0.98 by the end of 2024, potentially exc...
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XRP Struggles Now, But Analysts See Big Future: $500+ Possible?
15Mar By OLAJIDE SAMUELNo Comments
XRP News

XRP Struggles Now, But Analysts See Big Future: $500+ Possible?

XRP Price Stalls, But Bullish Sentiment Remains While the broader cryptocurrency market experiences a mini-bull run, XRP struggles to recapture and hold the key $0.65 level. Despite this underperformance, many analysts maintain ambitious price targets for XRP, with some predicting it will reach $500 or more. Changelly: XRP Could Hit $500+ by 2040 Changelly, a crypto exchange platform, points to XRP's bullish sentiment despite its recent price woes. They cite the Fear and Greed Index (FGI) at 81 (indicating extreme greed) and a 67% win rate over the past month as signs of optimism. Read Also: XRP Lags Behind Crypto Rally, But Analysts Remain Bullish In the short term, Changelly predicts XRP could reach $0.78 within the next week, but then settle around $0.73 by the end of Mar...
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BitPay Announces Increased Limits and Broader Payment Options for Crypto Purchases in the U.K. and EU, Including Shiba Inu (SHIB)
14Mar By Onche Michael ONo Comments
XRP News

BitPay Announces Increased Limits and Broader Payment Options for Crypto Purchases in the U.K. and EU, Including Shiba Inu (SHIB)

Good news for Shiba Inu (SHIB) holders in the U.K. and EU! BitPay, a leading cryptocurrency payment processor, has partnered with Transak to offer higher purchase limits, additional payment methods, and increased crypto availability for customers in these regions. https://twitter.com/BitPay/status/1767906007156429115 Key Points: SHIB Purchase Limit Increased to $75,000:A significant jump from previous limits, allowing for larger SHIB purchases in a single transaction. S. vs. U.K. and EU Limits: Interestingly, the limit for U.S. customers remains at $6,000 per transaction for SHIB. A minimum Purchase of $ 5 makes SHIB more accessible to new investors by lowering the entry barrier. Multiple Payment Methods: Customers can now leverage various payment options on Transak, in...
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Coreum Bridge Allowing Movement Of XRP To Its Ecosystem
13Mar By Daniel AbangNo Comments
XRP News

Coreum Bridge Allowing Movement Of XRP To Its Ecosystem

The Co-founder of Coreum and Sologenic Reza Bashash first highlighted this in a new post on X. Bashash shared a Snapchat of the XRP dashboard on the official page of the Coreum explorer, which indicates that the Coreum network is presently functioning as a home 1.2 XRP tokens. https://twitter.com/rezabashash/status/1767672011105468612 Read Also: XRP Shocks Market with Sudden Surge, Long-Term Prospects Debated Coreum for a while now has given a clue stating the impending launch of its XRPL bridge during the progress of the initial bridge rollout a year before. Note that there had been a bridge between XRPL and Coreum Network which was launched In Q4 2022, this was the first of such an enterprise. Be that as it may, the bridge capabilities were exhaustible, this is because it onl...
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XRP Shocks Market with Sudden Surge, Long-Term Prospects Debated
12Mar By Daniel AbangNo Comments
XRP News

XRP Shocks Market with Sudden Surge, Long-Term Prospects Debated

XRP defied the altcoin market's sluggishness with a surprise bullish rally in the last 24 hours. The price skyrocketed from $0.6215 to over $0.74 within six hours, representing a staggering 19.38% gain. This surge marked XRP's highest point since July 2023, breaking a seven-month downtrend that frustrated many holders. Read Also: K9 Finance DAO Token (KNINE) Hits New High, Aims to Unlock Shibarium Liquidity https://twitter.com/BitrueOfficial/status/1767386537761931460 Crypto Community Reacts with Surprise and Skepticism The dramatic turnaround sparked reactions from prominent figures in the crypto sphere. Singaporean exchange Bitrue highlighted XRP's impressive surge and queried the community: "Is it time for XRP to shine?" However, the response was mixed. While some believe XRP...
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XRP Price Prediction Fails to Materialize: Wall Street Veteran Shannon Thorp Reflects on Missed Forecast
8Mar By CryptolifedigitalNo Comments
XRP News

XRP Price Prediction Fails to Materialize: Wall Street Veteran Shannon Thorp Reflects on Missed Forecast

Renowned Wall Street veteran Shannon Thorp has publicly acknowledged the expiration of her earlier bullish price projections for XRP, the cryptocurrency associated with Ripple Labs. Thorp's forecast, which had sparked speculation and anticipation within the XRP community, has fallen short of realization, prompting market observers to reevaluate XRP's price dynamics. Read Also: Terra Classic Community Pushes for Revival with Network Upgrade and Token Burn XRP Price Prediction Falls Flat On Friday, March 1, Shannon Thorp took to social media platform X (formerly Twitter) to announce the conclusion of her earlier ambitious forecast for XRP. The Wall Street veteran candidly admitted that her predictions had failed to materialize, describing the outcome as "bittersweet." Thorp's Bold Proj...
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Eligible XRP Holders To Recieve $EVR Airdrop According To Uphold
29Feb By OLAJIDE SAMUELNo Comments
XRP News

Eligible XRP Holders To Recieve $EVR Airdrop According To Uphold

Over two months after Evernode finish up the enlistment stage for its airdrop to XRP holders, the tokens are currently at long last hitting users' wallets. A famous crypto exchange called Uphold, which supported the airdrop, uncovered that recently, qualified XRP holders have proactively started getting their Evernode tokens. The Evernode airdrop is one of the most discussed disseminations in the XRPL ecosystem, with over 423 million XRP qualified to flag high interest. A snapshot of the airdrop was taken on September 1, 2023, with the distribution presently marking the last phase. Liaising with exchanges like Uphold makes the dispersion quicker, as users don't need to play out extra transactions to get the asset. All things being equal, users claiming on-chain go through a more t...
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