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Can You Become Millionaire With XRP? Whales Grab 320M XRP - Coinspeaker
Key Notes
As the broader altcoin market braces for a possible rally, XRP
XRP $3.22
24h volatility: 2.3%
Market cap: $190.85 B
Vol. 24h: $10.07 B
is attracting unusual whale attention. Data from Ali Martinez reveals that large holders have scooped up over 320 million XRP tokens in the past three days.
At the time of writing, XRP is trading at around $3.25, showing a modest 1% gain over the past 24 hours.
The buying spree comes just days after the US Securities and Exchange Commission officially closed its case against Ripple, ending years of legal uncertainty. This lawsuit, which accused Ripple of selling unregistered securities, has been a major overhang on XRP price.
With the case now behind them, investor confidence appears to be improving. In the past week, XRP has seen an 8% price surge, adding over $14 billion to its market capitalization. Analysts note that sentiment in the XRP community is shifting from cautious optimism to outright bullishness.
Analysts Eye $3.33 Breakout Level
Crypto strategist Dark Defender suggested traders to watch for $3.33 as the key resistance level. He explained that breaching this barrier could lead XRP to become the next crypto to explode, testing $4.44 and $5.85 levels.
The analyst’s outlook is supported by a strong RSI, which he describes as “more bullish than ever.” On the daily XRP price chart, the RSI is currently trading around 57, reflecting solid buying momentum with further room for growth.
The Bollinger Bands are moderately wide and the cryptocurrency is trading near the upper band, often a sign of bullish intent. If XRP bullish momentum fades, a drop toward the middle band (20-day SMA) near $3.12 or even the $2.85 support is possible.
The MACD indicator is hovering near the zero line, with a potential bullish crossover forming. A clean close above $3.33 would likely trigger an acceleration toward $4.44.
Snorter Bot (SNORT) Presale Picks Up Pace
While XRP remains in the spotlight, a new project, Snorter Bot ($SNORT), is gaining notable traction. It is a rapidly emerging Telegram-based cryptocurrency trading assistant that blends meme coin hype with advanced on-chain trading tools.
Built to simplify the trading process, Snorter Bot enables users to discover, snipe, and manage tokens seamlessly within Telegram. Its initial release focuses on the Solana ecosystem, renowned for its fast transactions and minimal fees.
The team has planned expansions for Ethereum, BNB Chain, and other EVM-compatible networks.
Utility of $SNORT
Holding the SNORT token unlocks full access to the bot’s premium features. With a capped supply of 500 million tokens, the project seeks to make high-speed decentralized trading available to meme coin enthusiasts and retail traders alike.
What sets Snorter apart is its emphasis on user-friendliness and rapid execution. Wallet creation or import takes a single tap, trades can be executed with built-in protections in seconds, and users can access advanced tools without the hassle of navigating complex interfaces.
The bot offers near-instant swaps, front-running resistance, and live transaction simulations through a private mempool.
Presale Snapshot:
Snorter Bot is positioning itself as one of the most accessible yet powerful crypto trading bots currently in development. If you are interested in this presale, read how to buy Snorter Bot (SNORT).
nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.