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Ripple’s XRP Stands Out With a Profit of 6.2% in 24 Hours

Published 01/12/2023, 05:47 AM
Updated 01/12/2023, 06:00 AM
Ripple’s XRP Stands Out With a Profit of 6.2% in 24 Hours
XRP/USD
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  • Santiment’s social indices provide details on XRP’s price behavior over the past week.

  • XRP price rally is partly due to a major pump in address activity over the past week.

  • Spikes in social dominance on Santiment coincide with momentary gains on the XRP network.

Data from Santiment shows that XRP gained 6.2% in the past 24 hours while going in a different direction from most of the crypto market. Some cryptos still struggle during this period, with many of them ending the day on a negative note.

Santiment’s social analytical components reflect a pump in the address activity of the XRP network. It has lasted for about a week and coincides with repeated social dominance spikes.

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