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XRP Breaks Above $0.70 As Coin Continues to Pump

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Mon, 1/02/2021 - 11:17
XRP Breaks Above $0.70 As Coin Continues to Pump
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XRP is showing a rise of over 50 percent over the past 24 hours and has finally broken above the $0.70 price level after breaching $0.60 twice earlier today.

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As a result of the current pump, XRP has demonstrated a rise of 157 percent over the past three days and has recovered to the third spot as its market capitalization value has surpassed those of Polkadot and USDT.

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Santiment data agency believes that the current XRP pump is taking place thanks to 200,000 traders in a Telegram group called "Buy and Hold XRP," which emerged only two days ago when XRP started rising above the $0.30 mark on Saturday.

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Earlier today, XRP, as usual, released a whopping one billion coins from its escrow wallet, while other major crypto traders like Bitstamp and Coinbase transferred more than half a billion XRP.

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