XRP: How Ripple’s IPO speculation is triggering whale activity on the chain - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

XRP: How Ripple’s IPO speculation is triggering whale activity on the chain

PublisherPublisher
AMB Crypto

Thu, May 26, 2022

Banner

Aliens TLDR

The ever-lasting lawsuit between the U.S regulators (SEC) and Ripple directly or indirectly has affected XRP holders over the years.

One of the main reasons why XRP barely has crossed the $1 mark.

At press time, XRP remained under the $0.4 mark with a fresh 2.5% correction.

Defendant (Ripple) has been on an offensive streak while battling out the American regulatory watchdogs (SEC).

These dominant buyers hold their highest percentage of the asset’s supply in two months.

“XRP Network whales holding between 1M and 10M $XRP have collectively been accumulating, and now hold their highest percentage of the asset’s supply in two months.

Ripple chief Brad Garlinghouse met with Georgia Prime minister Irakli Garibashvili and vice prime minister Levan Davitashvili to discuss Georgia’s “vision on future of blockchain & regulation”.

Ripple would explore the possibility of an initial public offering once its lawsuit ends, CEO Brad Garlinghouse told CNBC.

Speaking about their plans for a public listing, Ripple CEO Brad Garlinghouse said : “I think we want to get certainty and clarity in the United States with the U.S. SEC.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Bill Murray Tackling a Lifetime of Stories With New Ethereum-Powered NFT Project

Legendary actor and comedian Bill Murray is launching a new Ethereum-based NFT project this month that will feature heavily on stories from his life and about his life.
CryptoGlobe
·

5h

Ethereum

Recommended Stories

Article

First Time Since April, Solana Avoids Downtime on First Day of Month

Article

Where Ethereum Name Service stands after 66% decline from registrations in May

Article

Software testing for metaverse experiences: Here’s what you need to know

Article

How to Launch a DAO

Article

In Wake of Layoffs and Pulled Job Offers, Coinbase Announces European Expansion Plan

Article

This Week in Coins: Bitcoin and Ethereum Erase Gains, 3AC Files for Bankruptcy

Article

BlockbusterDAO Hits R3WIND: What’s Next After Failing to Buy Nostalgia Brand

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise