Monday, May 10, 2021

Santiment: There Is a Growing Interest in XRP among Investors As It Surges Over 40%

Santiment, a crypto insight platform, has shared a list of five altcoins with a growing interest among cryptocurrency traders, and Ripple’s digital token XRP is currently topping the list.

In a new tweet, the crypto analytics firm listed XRP, Uniswap (UNI), Voyager Token (VGX), Curve (CRV), and 1inch as digital currencies that are experiencing a surge in crypto traders’ interest.

Read Also: America’s Leading Business Magazine Inc. Recognizes Ripple as One of the Fastest Growing Companies

Santiment tweeted, “XRP, UNI, and midcaps like VGX, CRV, and 1NCH have led the altcoin charge over the past 24 hours. Crowd interest has (at least temporarily) shifted away from Bitcoin and Ethereum as on-chain fundamentals are being used to identify upcoming pumps.”

XRP Surged Over 40% Despite the Dangling SEC’s Lawsuit against Ripple

The price of the digital token XRP has been experiencing a massive gain over the past couple of days.

Many pundits in the crypto community have written off XRP in terms of price performance, following the lawsuit filed by the United States Securities and Exchange Commission (SEC) against Ripple for the illegal sale of XRP deemed as an unregistered security.

Read Also: XRP Will Become “Remnant of History” by the End of the Year –Arca Co-Founder and Securities Lawyer

Obviously, the lawsuit initiated one of the largest price crashes in the history of cryptocurrency. As soon as the lawsuit was brought to the public notice on 22nd December 2020, the price of the digital token XRP started dumping, resulting into over 60% price losses in the space of 24 hours.

But things have started to turnaround for XRP. In the course of the current massive rally, the cryptocurrency has managed to reclaim the third position in the market from Tether (USDT).

Moments ago, Credible Crypto, a stern believer in XRP, who is a popular crypto analyst and trader, sent a tweet to those who have lost hope in the digital currency.

“It has begun. For those who were bashing me for the last 4 weeks and claiming $XRP would “never recover”, that I was “married to my bags”, and that I had “lost all credibility” simply because I advocated not selling at the bottom, you still have time to delete your tweets!”

Read Also: Credible Crypto Says Selling XRP Now Is Like Selling BTC at $197; XRP Is Gathering Momentum for a Huge Bull Run

At the time of publishing, XRP is trading at $0.6511, with about a 47% price uptrend in the last 24 hours. Currently, many things can be attributed to the current surge in the price of the digital currency.


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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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