‘Dogecoin Millionaire’ Says He’s Been Accumulating XRP Since $0.40

XRP’s (CRYPTO: XRP) has surged 12% over the past week, fueled by a spike in whale transactions and a sharp increase in active addresses.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
XRP (CRYPTO: XRP)  $2.48 $143.9 billion +1.1%  +12.2% 
Dogecoin (CRYPTO: DOGE)  $0.2016 $29.9 billion +2.5%  -0.4% 
Shiba Inu (CRYPTO: SHIB)  $0.00001315 $7.8 billion +1.6%  -6.1% 

Trader Notes: Glauber Contessoto, the ‘Dogecoin millionaire,’ detailed that he heavily accumulated XRP, Dogecoin and Cardano in 2022 and 2023 at rock-bottom prices: XRP at $0.40, Cardano at $0.24 and Dogecoin at $0.05. He describes these as “tried and true projects” and believes patience will pay off.  

Crypto analyst MartyParty raised concerns about XRP’s valuation vs. its actual utility, pointing out that XRP processes 6x more transactions per second (7.84) than Cardano but remains 165x behind Solana

Full story available on Benzinga.com