XRP Joins Top 10 Purchased Tokens Among BSC Whales

Whale Activity in the Crypto Market

XRP has recently ascended to the top 10 purchased tokens among the 500 largest Binance Smart Chain (BSC) whales. This development highlights a significant interest in the token among major investors. Alongside XRP, other prominent cryptocurrencies such as Cardano (ADA), Dogecoin (DOGE), Chainlink (LINK), FLOKI, and Terra (LUNA) have also made the list, indicating a broader movement in the market.

XRP's Market Performance

XRP’s price has experienced a modest increase of 0.47% over the last 24 hours. Despite this short-term gain, the token's weekly performance remains negative, with a decline of 1.53%. Currently, XRP is valued at $0.3701, reflecting ongoing volatility in its price.

Other Cryptocurrencies on the Rise

Cardano (ADA) showed a 24-hour price increase of 3.91%, although it still faces a 7.04% decline for the week. ADA's current price stands at $0.3174. Meanwhile, Dogecoin (DOGE) has risen by 1.48% in the past day, reaching $0.06631, yet it too has a weekly drop of 13.38%.

Notable Gains in LINK, FLOKI, and LUNA

Chainlink (LINK) saw a 6.21% increase in the last 24 hours, with its price now at $6.21. FLOKI also experienced a similar rise, climbing 6.09% to $0.00003278. Terra (LUNA) gained 2.03%, reaching a price of $1.30. However, LUNA struggled against Bitcoin (BTC) and Ethereum (ETH), marking declines of 1.18% and 2.25%, respectively.

This surge in whale activity and the dynamic price movements of these cryptocurrencies underscore the ever-shifting landscape of the crypto market. Investors are advised to conduct thorough research and exercise caution in their investment decisions.