{"id":4329,"date":"2024-12-17T06:34:52","date_gmt":"2024-12-17T06:34:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4329"},"modified":"2024-12-17T06:34:52","modified_gmt":"2024-12-17T06:34:52","slug":"xrp-outshines-bitcoin-ethereum-following-rlusd-launch-derivatives-traders-amp-up-bets-for-coin-even-as-whales-load-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4329","title":{"rendered":"XRP Outshines Bitcoin, Ethereum Following RLUSD Launch \u2014 Derivatives Traders Amp Up Bets For Coin Even As Whales Load Up"},"content":{"rendered":"<div>\n<p><strong>XRP <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) became the best-performing large-cap cryptocurrency Monday following the launch of <strong>Ripple Labs&#8217;<\/strong> USD-backed stablecoin<strong> RLUSD<\/strong>.<\/p>\n<p><strong>What happened<\/strong>: The payments-focused cryptocurrency rose 3.51% in the last 24 hours, outpacing the returns of <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) and <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>).<\/p>\n<p>With the latest push, XRP&#8217;s monthly gains zoomed to 138%, the biggest among cryptocurrencies in the top 10 by market capitalization.<\/p>\n<p>The rally was likely powered by significant buying interest from whale investors. Noted cryptocurrency analyst <strong>Ali Martinez<\/strong> highlighted that whales purchased over 830 million XRP, worth over $2 billion at prevailing market prices.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Whales have purchased over 830 million <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> in the last 24 hours! <a href=\"https:\/\/t.co\/KzNds2CVdf\">pic.twitter.com\/KzNds2CVdf<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1868753464559624445?ref_src=twsrc%5Etfw\">December 16, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p><strong>See Also<\/strong>:<a href=\"https:\/\/www.benzinga.com\/24\/12\/42519107\/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today\"> <strong>If You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here\u2019s How Much You\u2019d Have Today<\/strong><\/a><\/p>\n<p>The <a href=\"https:\/\/in.tradingview.com\/symbols\/SHIBUSD\/technicals\/\">readings<\/a> of moving averages supported the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42523184\/rlusd-stablecoin-launch-powers-xrps-rallyopen-interest-upside-bets-spike\" alt=\"XRP\" outshines bitcoin ethereum following rlusd launch derivatives traders amp up bets for coin even as whales load>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP (CRYPTO: XRP) became the best-performing large-cap cryptocurrency Monday following the launch of Ripple Labs&#8217; USD-backed stablecoin RLUSD. What happened: The payments-focused cryptocurrency rose 3.51% in the last 24 hours, outpacing the returns of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). With the latest push, XRP&#8217;s monthly gains zoomed to 138%, the biggest among cryptocurrencies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4329","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4329"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4329\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}