Gemini comments on XRP’s price for the first time amid the overall bullish market surge following Bitcoin’s rally above $42,000.
In a recent tweet, the prominent U.S.-based crypto exchange Gemini called attention to XRP’s value amid the broader crypto market greenish rallies led by Bitcoin (BTC).
Specifically, Gemini spotlighted to its fanbase on the social media platform X that with Bitcoin above $41,000, XRP has similarly seen a slight uptick that saw its price at $0.61. Notably, the Bitcoin-induced market rally has seen XRP to a high of $0.6402 in the last 24 hours.
Bitcoin itself reached a high of $42,371 through the same period, putting its cumulative seven-day performance above 13%. Moreover, Ethereum (ETH) similarly featured in Gemini’s X post, having grown from $2,001 to $2,267 over the past week. Likewise, XRP has grown from below $0.59 to $0.6402 through the same period.
As a result, the American trading platform characterized the update as some “big moves in crypto,” urging enthusiasts to share notable price actions with its novel price widget designed for smartphones.
$41K $BTC
$2,200 $ETH
$0.61 $XRP
$60 $SOLBig moves in crypto? Share the action with our new Gemini price widget, for mobile ?https://t.co/asJXXQuXxy
— Gemini (@Gemini) December 4, 2023
Significantly, the Monday post marked the first instance of Gemini commenting on XRP’s price performance. On other occasions, the exchange has conveyed “excitement” regarding the token or drawn attention to its specific XRP campaign.
Gemini’s Popular Spotlights for XRP
Notably, XRP debuted on Gemini in August. Since then, the exchange has undertaken several activities and initiatives to promote and support the digital asset.
For instance, Gemini has introduced a promotional offer to allow XRP holders to earn rewards in XRP by merely using their Gemini credit card for online shopping activities. Specifically, Gemini allowed XRP enthusiasts to earn 3% cash back on dining, 2% for grocery shopping, and 1% for other transactions.
Furthermore, Gemini previously launched a campaign dubbed ‘XRP Faucet’ to distribute 4,000 XRP daily, with each verified user able to claim 20 XRP. Notably, this offer is no longer active.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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