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Here are Fearless XRP Holders Holding 1,000,000 or more XRP

Sam Wisdom Raphael
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Here are Fearless XRP Holders Holding 1,000,000 or more XRP

XRP addresses holding 1,000,000 (1 million) tokens and more, which have witnessed a slight increase since the ongoing market collapse began.

This is according to data from market intelligence provider Santiment, confirming optimism among whale investors despite the current downturn. For context, this downturn intensified early last month, specifically after March 2, following the 34% price spike that day on the back of Donald Trump’s crypto reserve announcement.

After the impressive intraday performance, XRP slumped nearly 19% on March 3, marking the start of the current price struggles. Since then, the altcoin has dropped 30%, struggling to maintain its hold above $2 before a full-blown recovery arrives.

XRP Addresses Holding 1M+ Increase to 2,635

Interestingly, it appears whales remain increasingly confident in this recovery. According to Santiment data, XRP addresses holding 1 million XRP tokens and more have increased slightly since March 2. In particular, these addresses numbered 2,633 as of March 2.

Of this figure, those holding between 1 million and 10 million XRP amounted to 2,136, making up the bulk of the number. Meanwhile, XRP addresses with balances ranging from 10 million to 100 million tokens were 301 in number. Further, there were 37 wallets holding 100 million to 1 billion XRP and 159 wallets holding 1 billion tokens and more.

While some tiers of addresses have witnessed a drop in their numbers, others have increased to make up. For instance, recent data shows that XRP addresses with balances between 1 million and 10 million coins have dropped to 2,133, a decline of 3 addresses.

However, to compensate for this drop, investors with balances ranging from 10 million to 100 million XRP have increased to 307, an addition of 6 addresses. Further, those holding between 100 million and 1 billion have also declined to 35, a loss of 2 wallets within this category.

XRP Addresses With 1M XRP and More Santiment
XRP Addresses With 1M XRP and More | Santiment

Nonetheless, there is now one more address with a balance of 1 billion XRP and more. Overall, all XRP addresses with 1 million XRP and more now amount to 2,635, a net increase of 2 addresses since March 2.

Whale Addresses Amass 1.26B XRP

While this figure is too small to make a difference, the fact that the market has not observed a massive drop in these addresses signifies confidence in XRP’s potential.

In addition to this mild growth in their number, these addresses have also continued to accumulate more tokens. Further data from Santiment confirms that these XRP addresses held a cumulative balance of 45.44 billion XRP as of March 2. Currently, this figure stands at 46.7 billion tokens, indicating that they have amassed 1.26 billion XRP within this period.

XRP Whale Balance Santiment
XRP Whale Balance | Santiment

Interestingly, this growth is a trend that has persisted throughout the year. Addresses with 1 million XRP and more amounted to 2,482 at the start of the year, on Jan. 1. The current figure of 2,635 translates to an increase of 135 year-to-date. In addition, from Jan. 25 to March 25, these wallets increased by 36.

Crypto Founder Warns That Not Holding At Least 10,000 XRP Could Be a Costly Long-Term Mistake

Sam Wisdom Raphael
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Crypto Founder Warns That Not Holding At Least 10,000 XRP Could Be a Costly Long-Term Mistake

A crypto founder and prominent XRP community pundit has warned that investors not holding at least 1,000 XRP are making lifetime mistakes.

XRP’s Impressive Historical Run

The crypto market presents multiple opportunities for investors, but most current market participants often regret missing out on earlier gains. For instance, XRP’s impressive run from a low of $0.003 in January 2017 to a peak of $3.3 in January 2018 made millions out of meager investments.

Particularly, an investor who procured 10,000 XRP at the price of $0.003 in January 2017 spent only $30 to amass these tokens. At the $3.31 peak, the worth of these 100,000 XRP tokens, accumulated with $30, surged to $33,100, representing a massive 110,233% increase.

Despite XRP trading for $2 at press time with a $120 billion market cap, making it an already-established asset, some market commentators believe it still has the potential to soar to much greater heights. Edoardo Farina, Alpha Lions Academy founder, is one such commentator.

Pundit Wants Investors to Hold at Least 10,000 XRP

Farina has continued to champion the narrative that XRP is capable of engineering another historic run similar to what it observed in the 2017 bull run. This has prompted bullish commentaries from him, urging investors to amass as much XRP as possible before this projected historic run.

In a particular instance, Farina suggested that investors ought to hold at least 10,000 XRP. According to him, not having up to 10,000 XRP would be a lifetime mistake. Meanwhile, data from the XRP Rich list confirms that of the 6.3 million XRP wallets, only 298,472, about 4.7%, hold at least 10,000 XRP.

XRP Rich List
XRP Rich List

Farina is challenging investors to join the exclusive list. His sentiment springs from the idea that XRP could witness another meteoric price run later. However, the extent and timeline of this run remain uncertain. 

XRP’s Explosive Run Prospects

Nonetheless, this has not stopped some analysts from projecting what they can during analyses of XRP’s price movements and historical performances. For one, last month, Farina presented a scenario where XRP rallied to a price of $300.

The market commentator assumed that such a price point could become a reality in the next decade, specifically in 2035. According to Farina, in this scenario, a salary earner could make $5.4 million within ten years if they committed $44,000 into XRP at its current price level. 

Most recently, Farina argued that seeing XRP at the lower ends of the $2 mark was “a walk in the park.” This argument echoed sentiments suggesting that XRP is actually undervalued at $2 and could witness a price run. Shortly after, Farina predicted that, soon, only a few individuals, possibly 1% of the entire population, would be able to afford XRP. 

Boost Your Sales, Cut Costs By Accepting Cryptocurrency Payments

PR DESK
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Boost Your Sales, Cut Costs By Accepting Cryptocurrency Payments

Scaling a business means managing chaos. One of the biggest blockers? Payments.

Traditional processors eat into your revenue, slow down operations, and create unnecessary complexity. But what if you could flip the system and make payments your growth engine?

You can. It’s time to Accept crypto payments via 0xProcessing and turn your billing into a competitive advantage.

Why Crypto Is the Smarter Choice for Business

Modern customers move fast. They want frictionless checkouts, instant settlements, and global access. Crypto delivers all three and much more.

For businesses, it means:

  • No chargebacks
  • Settlement in minutes
  • Ultra-low fees (from 0.5%)
  • Access to global, unbanked users
  • No dependency on banks or card networks

Accepting crypto payments as a business isn’t a future trend it’s current strategy.

0xProcessing: Built for Real Business Use

0xProcessing isn’t a one-size-fits-all tool. It’s an advanced crypto payment processor for business, trusted by FinTech’s, SaaS, iGaming, e-commerce, platforms and marketplaces.

What sets it apart?

  • 100+ crypto assets supported
  • Stablecoin settlement (goodbye, volatility)
  • Web3 wallet integrations (over 15 supported)
  • Real-time payment dashboard
  • Fully documented API
  • 24/7 uptime and global availability

You don’t just plug in payments. You plug in performance.

Recurring Payments: Subscription Models Made Easy

Need to charge users weekly or monthly?

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  • SaaS tools
  • Membership platforms
  • Media subscriptions
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  • The amount
  • The wallet to pull from

The system handles the rest. No reminders. No late payments. Just automated, stable cash flow in crypto.

0x Classic: The Gold Standard of Crypto Checkout

This is the foundation: classic crypto payments.

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0x Classic works well for:

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  • High-value items
  • B2B transactions
  • Manual invoicing

It’s simple. It’s global. And it doesn’t break.

Web3 Payments: One Tap, Zero Hassle

What if paying with crypto felt as smooth as Apple Pay?

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It’s ideal for:

  • Gen Z users
  • Mobile-first platforms
  • NFT marketplaces
  • Token sales
  • Instant pay-per-click or unlock flows

This is crypto UX done right.

Businesses Already Winning With Crypto

Let’s break it down with real use cases:

Sector Solution Used Benefit Gained
SaaS (DevOps) Recurring Payments Reduced churn, automated revenue
iGaming Static Wallets Faster deposits, better retention
Digital Agencies 0x Classic Simple invoicing for global clients
NFT Platforms Web3 + Static Wallets Hybrid checkout with in-app balances

The result? More conversions, less friction, happier users.

How to Get Started?

No blockchain background? No problem.

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You’re ready to accept crypto payments for business without building anything from scratch.

Final Thoughts

Crypto is no longer “experimental.” It’s efficient. It’s cost-saving. And in many sectors — it’s essential.

With 0xProcessing, you don’t just join the crypto economy. You shape how it pays you.

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Ready to scale smarter?

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Because smart businesses don’t wait for the future. They build it.

Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Here Are Key Resistance Levels to Watch if Bitcoin Recovers

Mark Brennan
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Here Are Key Resistance Levels to Watch if Bitcoin Recovers

A leading analytics platform says that if Bitcoin continues to rise, previous support levels may now act as resistance.

Bitcoin is showing signs of recovery following a volatile week that saw downward pressure across the crypto market. The asset dropped from $84,000 to a five-month low near $74,000 earlier in the week.

Notably, this decline came amid heightened geopolitical tensions, as both China and the European Union imposed retaliatory tariffs in response to recent U.S. trade policy changes. However, market conditions shifted following a policy development on April 9, when President Donald Trump announced a 90-day suspension of all tariffs except those targeting China. 

Mixed Signals Despite Price Recovery

Following the policy announcement, Bitcoin rebounded from its 365-day moving average (MA), which currently stands at $76,100. According to on-chain data provider CryptoQuant, this MA has historically acted as a significant support level, having held during critical market phases in August 2024, July 2021, and December 2021.

Bitcoin On-chain Realized Price Bands
Bitcoin On-Chain Realized Price Bands

The price recovery at this point is seen as technically relevant, especially given the moving average’s prior importance during bullish and bearish transitions. However, a sustained break below this level would historically indicate the start of a bearish cycle.

Despite the recent bounce, Bitcoin’s investor sentiment remains subdued. CryptoQuant’s Bull Score Index, which evaluates market momentum, currently stands at 10, marking its lowest level since November 2022. The platform noted that if the index stays below 40 for an extended period, this could reflect prolonged bearish sentiment.

Meanwhile, if Bitcoin continues in its rebound, the path to recovery may face resistance ahead. CryptoQuant identified the $84,000 and $96,000 levels as key zones to watch. According to the platform, these levels, which once acted as support earlier in the cycle, could now serve as the first lines of resistance.

Diverging Momentum Indicators and Investor Behavior 

While on-chain data points to weakening sentiment and potential resistance ahead, some technical indicators and investor behavior present diverging signals.

Technical analysis from Carl Moon, founder of The Moon Show, highlights Bitcoin’s 14-period Relative Strength Index (RSI), now hovering around 46. The RSI has rebounded from a long-standing support level near 44, which previously signaled bullish reversals. 

 

Each previous breakout above weekly RSI resistance has aligned with strong Bitcoin price rallies. Now, with RSI again near support and knocking on the trendline resistance, a major breakout to $130,000 could be imminent.

Meanwhile, investor activity is adding to the ongoing tension in market behavior. Data from Santiment on Thursday showed a significant increase in accumulation among large holders.

Over the past 24 hours, 132 new wallets holding more than 10 BTC were added, bringing the total to 152,000. Simultaneously, wallets with under 10 BTC rose to 54.69 million, suggesting that accumulation is occurring across different investor tiers. Typically, holder accumulation reduces Bitcoin’s supply, which is subsequently followed by a price uptick.

During this press, Bitcoin is trading at $82,206, up 2.1% in the past 24 hours.

Bitcoin Holds $79K Support as Ethereum Trades Sideways; Glassnode Flags $83.5K and $1,461 as Key Levels

Albert Brown
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Bitcoin Holds $79K Support as Ethereum Trades Sideways; Glassnode Flags $83.5K and $1,461 as Key Levels

Bitcoin holds support at $79K, while Ethereum trades sideways near $1,550. On-chain data highlights resistance for BTC at $83.5K and ETH support at $1,461.

Bitcoin and Ethereum prices fluctuated sharply this week as the crypto market responded to intensifying global trade tensions. The volatility followed U.S. President Donald Trump’s earlier announcement of reciprocal tariffs targeting multiple countries. This led to broad sell-offs across risk asset classes and U.S. stocks.

However, Bitcoin has rebounded to $81,815.88 after trading below the $77,000 level in the days prior. This reflected a 0.74% increase over 24 hours but a 1.53% decline over the past week. Ethereum also mirrored this mild rebound in Bitcoin, after trading below $1,400 this week.

Major Support and Resistance Zones for Bitcoin

Meanwhile, on-chain data provides critical insights into investor behavior. Among the most telling metrics is the Cost Basis Distribution, a heatmap that reveals where large concentrations of Bitcoin and Ethereum were last moved. It pinpointed key support and resistance levels based on real user activity.

According to on-chain analytics platform Glassnode, recent cost basis distribution data reveals critical support and resistance clusters for Bitcoin.

Between April 4 and April 11, a significant concentration of Bitcoin last transacted at the $79,000 level, where approximately 40,000 BTC changed hands. Due to heightened holder activity at this price, this area now represents a major support zone.

Above this level, resistance appears more densely packed. Around $82,080, data shows that 51,000 BTC were acquired, creating a strong resistance band.

On April 10, Bitcoin approached this zone, momentarily peaking near $83,000 before facing rejection. Glassnode concludes that if $82,080 holds, the next key level for Bitcoin to test is $83,500.

In a separate observation, Ali Martinez, a crypto market analyst, reported that Bitcoin is now moving through another resistance area at $82,360. His analysis indicates that more than 324,000 BTC last moved at this price point. 

Martinez noted that breaking above this layer could bring the next testing level to $91,500, supported by historical price patterns and wallet behavior.

Further, Market watcher Maartunn highlighted a sharp surge in Bitcoin’s open interest, which soared from $24.3 billion to $26.7 billion, marking a 9.9% increase within hours. This sudden rise in open interest indicates a rapid buildup of leveraged positions across derivatives markets.

Maartunn cautioned that such aggressive expansion in leverage typically sets the stage for swift market moves.

Ethereum Strong Support at $1,461

While Bitcoin’s levels showed dynamic activity, Ethereum’s cost-basis heatmap suggested a more constrained price structure. Glassnode data indicates that Ethereum remains range-bound between $1,548 and $1,599. 

In this zone, 793,900 ETH and 732,400 ETH were transacted, forming short-term support and resistance levels. A notable support area below this channel sits at $1,461, where 380,000 ETH were accumulated.

The color intensity at this level suggests investor conviction, potentially cushioning the downside risk.

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FTX Unstakes $21.5M in Solana, $619M Still Locked as Market Watches for Next Move

Abdulkarim Abdulwahab
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FTX Unstakes $21.5M in Solana, $619M Still Locked as Market Watches for Next Move

The bankrupt crypto exchange FTX has just unstaked a significant batch of Solana tokens set for potential liquidation.

On-chain data reveals that FTX unstaked 186,300 SOL tokens worth roughly $21.56 million from the wallet address “H4yiP…Z6agF” earlier today. The unlocked funds remain in the wallet at press time, with no further actions.

Meanwhile, the wallet still holds a massive 5.36 million SOL worth roughly $619 million, which remains staked but is in the process of unlocking.

FTX’s Ongoing Solana Liquidation

This isn’t the first time FTX-related wallets have raised alarms within the Solana community. The latest unstaking is part of what appears to be the defunct exchange’s monthly token liquidation cycle.

Just a month ago, an FTX-associated address unstaked 185,345 SOL tokens, valued at approximately $23 million. Shortly after, it distributed the funds across 38 addresses, including major exchanges like Binance and Coinbase.

As one of the largest holders of SOL, FTX’s continuous unstaking sparks recurring concerns about market dumps. Since November 2023, data indicates that FTX has unstaked and sold off around 8 million SOL tokens, with a total value exceeding $1 billion.

With the latest unstaking event, market observers are closely monitoring the situation, particularly during a turbulent time for Solana, which has seen its price crash by 43% over the past eight weeks.

If the newly unlocked SOL is liquidated, it will bring the total amount sold by FTX to approximately 8.2 million, with an estimated value of $1.05 billion. This could jeopardize Solana’s recent rebound. The token has seen a 6% gain in the past 24 hours, pushing the price to $119.65.

FTX Repayment Efforts Underway

Meanwhile, repayment efforts are ongoing in the FTX bankruptcy proceedings. Recent reports indicate that around 400,000 former FTX users have not completed the required identity verification process.

Collectively, these users risk losing over $2.5 billion in potential repayments if they fail to verify their identities before the extended deadline of June 1.

The upcoming repayment round will distribute more than $11 billion to creditors. Under the proposed plan, 98% of creditors could receive at least 118% of the value of their original claims.

Public Commercial Property Firm Janover Buys 44K Solana Worth $5M, Brings Total SOL Holdings Above 83K

Sam Wisdom Raphael
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Public Commercial Property Firm Janover Buys 44K Solana Worth $5M, Brings Total SOL Holdings Above 83K

Janover, a publicly traded commercial real estate fintech company in the U.S., has made another Solana accumulation move amid the ongoing price turbulence.

Janover Purchases Over 44K Solana

The Florida-based firm expanded its crypto holdings by acquiring 44,158 Solana (SOL) tokens valued at $5 million. This purchase, executed on April 11, 2025, marks the company’s second major investment in Solana, bringing its total holdings to 83,084 SOL, worth around $9.6 million.

Notably, the acquisition is part of Janover’s recently adopted digital asset treasury strategy, approved by its Board of Directors on April 4, 2025. Under this policy, the company looks to allocate a portion of its treasury reserves to cryptocurrencies, starting with Solana. 

Interestingly, Janover plans to stake the newly acquired SOL tokens immediately to generate revenue. Additionally, the company confirmed it would operate one or more Solana validators. This will allow it to participate in securing the network and earn rewards that can be reinvested.

For context, Janover’s initial dabble into crypto began in late December 2024 when it announced plans to accept Solana, Ethereum and Bitcoin as payment for some services. This was part of a broader initiative to modernize its financial infrastructure and provide its clients with more options for payments.

At that time, the company also expressed intentions to look into integrating crypto assets into its treasury management strategy. The recent Solana purchases represent a step in that direction.

Firms Gobbling up Solana Tokens

Janover’s investment in Solana is part of a growing trend among companies diversifying their treasury reserves with the crypto asset. Other firms have similarly increased their exposure to Solana in recent months. 

For instance, SOL Global expanded its crypto bag to 40,350 SOL tokens after acquiring an additional 9,716 tokens at $145 last month. The firm is an advocate of initiatives like the proposed US Crypto Reserve, which also includes Solana.

In addition, Pantera Capital, a prominent investment firm, has also been actively acquiring Solana tokens. In April 2024, Pantera purchased a massive amount of SOL from the FTX bankruptcy estate, taking advantage of discounted prices during the auction of 2,000 tokens.

Earlier that year, the firm had introduced what it called the Pantera Solana Fund. This move was an effort to raise capital to procure Solana tokens worth up to $250 million at a major discount.

Meanwhile, the increasing adoption of Solana by institutional investors is in parallel with a broader movement of companies incorporating Bitcoin into their reserves. 

For example, Strategy has continued to add to its substantial Bitcoin holdings, viewing the asset as a reliable store of value. Similarly, KULR Technology Group and Genius Group Ltd have made significant Bitcoin purchases as part of their treasury strategies.

Will $10K Worth of Dogecoin Bought in 2025 Be Worth $1M by 2030

Abdulkarim Abdulwahab
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Will $10K Worth of Dogecoin Bought in 2025 Be Worth $1M by 2030

Dogecoin remains one of the investment vehicles through which some hope to attain financial independence.

Optimism around Dogecoin’s potential to turn investors into millionaires largely comes from its historical performance and its close association with billionaire entrepreneur Elon Musk, the wealthiest man in the world.

As of today, 1 DOGE is worth $0.1580. However, some enthusiasts envision a future where the token could reach values in the single- or even double-digit dollar range. Amid this speculation, The Crypto Basic explores the potential future value of a $10,000 investment in Dogecoin over a five-year horizon — and whether it could make holders millionaires.

Can a $10K Dogecoin Investment Reach $1M?

At the current price of $0.1580, a $10,000 investment would secure approximately 63,291 DOGE tokens. If Dogecoin ever claims $1, this portfolio would be worth $63,291 — a 6x return.

If DOGE hit $10, the same investment would skyrocket to over $632,000. That’s more than halfway to the million-dollar mark.

To reach a portfolio value of $1 million, Dogecoin would need to trade at around $15.80. Achieving this would represent an extraordinary 100x return or a 9,900% increase from today’s price. This raises a key question: Can Dogecoin realistically surge to this level within five years?

Can DOGE Make You $1 Million in Five Years? Three Scenarios

Interestingly, according to analyst Ali Martinez, Dogecoin could approach a $15 price as early as this cycle. One major driver of this bold prediction is the ongoing hype surrounding potential Dogecoin ETFs, which could open the floodgates for institutional capital to flow into the asset.

Meanwhile, from historical performance, Martinez and several other analysts have projected even higher price points for DOGE. However, many of those predictions emerged during periods of extreme bullish sentiment in the crypto market. Over the past three months, sentiment has cooled significantly, and optimism surrounding such ambitious targets has withered.

On the more conservative end, analysts at the Changelly crypto exchange forecast that Dogecoin’s price may not exceed $1.33 by 2030. Under this scenario, a $10,000 investment today would be worth approximately $84,177. While it is a solid gain, it is far short of the $1 million milestone.

Changelly prediction for Dogecoin in 2030
Changelly prediction for Dogecoin in 2030

In contrast, the prediction platform Telegaon presents a far more optimistic outlook. It suggests that by 2030, DOGE could have a minimum price of $13.63, an average price of $15.49, and a maximum price of $18.06.

In this bullish case, a $10,000 Dogecoin investment could be worth anywhere from $862,658 to $1.143 million.

While these projections are enticing, none of them are guaranteed. Still, the prevailing sentiment is that Dogecoin, like many crypto assets, may be worth significantly more in the future than it is today. 

Ripple Sends 200,000,000 XRP to Unknown Wallet: Details

Lele Jima
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Ripple Sends 200,000,000 XRP to Unknown Wallet: Details

San Francisco-based payments company Ripple moves 200 million XRP to an unidentified blockchain address in a single transaction. 

Whale Alert called the public’s attention to the latest XRP movement involving Ripple’s blockchain address. Data from Whale Alert shows that Ripple transferred the 200 million XRP, worth $402.74 million, today at 10:16 UTC. 

Unmasking the Identity of Recipient Wallet

A transaction of this sort usually attracts investors’ attention due to its size, leaving many investors wondering about its reason. To get a clearer picture, we delved deeper into the transaction to ascertain the identity of the recipient’s wallet. 

While Whale Alert claims Ripple sent the 200 million XRP to an unlabeled address, ‘rP4X2…sKxv3’, data from Bithomp suggests that this wallet is associated with the San Francisco-based crypto giant. 

Ripple activated the wallet on October 2, 2023, using 70 million XRP. Since then, it has engaged with other wallets affiliated with Ripple. 

The latest transaction involving 200 million XRP could be part of Ripple’s internal treasury management. It involves Ripple shuffling funds between its operational wallets. The entire 200 million XRP remained intact in the recipient wallet at press time. 

Notably, the latest transaction brought rP4X2…sKxv3’s balance to 290.11 million XRP. With XRP currently trading at $1.99 per coin, the dollar equivalent of the wallet’s balance is $577.32 million. 

Potential Purpose of the Transfer 

Reacting, popular XRP community figure XRP_Liquidity claimed that the transaction was an internal movement between two Ripple-controlled wallets. 

The user suggested that the 200 million XRP could be utilized for several functions, including ODL (now Ripple Payments), exchange-traded products (ETPs), and other financial transactions. 

If the fund is prepped for ODL, it could be reserved for institutions seeking to leverage XRP as a bridge currency for cross-border payments. However, for ETP, the coins could back funds that track the performance of XRP. If it is prepped for exchanges, it could provide liquidity to platforms where XRP is traded. 

It bears mentioning that XRP_Liquidity has been closely monitoring Ripple’s monthly XRP transfers to ascertain their destinations. 

In the meantime, the sending wallet, ‘rBg2F…1o91m’, still has a balance of 200 million XRP. On April 2, this address received 300 million XRP from a wallet that later received 500 million XRP, part of the 1 billion XRP released from escrow this month.

Notably, Ripple deviated from its traditional release schedule to unlock 1 billion XRP on April 3 instead of the first day of the month. The unlock occurred after Ripple first re-locked 700 million XRP in escrow for April. 

If You Bought $1,000 in Dogecoin on Its First Day, Here’s What It’s Worth Now

Elendu Benedict
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If You Bought $1,000 in Dogecoin on Its First Day, Here’s What It’s Worth Now

An early investment in Dogecoin would yield staggering returns despite recent downsides as the asset has surged over 60,746% from its price on day one.

Dogecoin is down 67.5% from its December 8 high of $0.4846, a testament to its recent price underperformance. While short-term holders or recent adopters may be panicking, those who acquired the asset early enough are still in profit.

DOGE is officially the best-performing in the top 25 cryptocurrencies, according to recent data from leading Zurich-based asset manager 21Shares. The asset has recorded an impressive 130,000% growth in the past decade amid sustained enthusiasm from proponents and emerging institutional adoption.

Interestingly, Dogecoin has defied its meme origin, outlasting most caliber assets despite lacking a practicable use case. The Shiba Inu-themed, light-hearted internet joke token’s sustained relevance highlights the power of the community to determine a cryptocurrency’s trajectory.

Dogecoin’s Price on The First Day Compared to Now

On December 6, 2013, Billy Markus and Jackson Palmer launched Dogecoin as a fun alternative to Bitcoin. Little did they know that the internet meme token would go on to become one of the most prominent assets in crypto’s history.

At the time, DOGE launched at $0.00026, a meager figure compared to its current price. Although the asset has seen prices lower than its debut price, this piece focuses on the difference between its price on the first day and the present market value.

Meanwhile, the asset’s scintillating run of form amid broader adoption saw it surge to an all-time high of $0.7605 in May 2021. However, Dogecoin has since retraced 79% from the peak price, trading at $0.1582 at the time of writing.

What an Investment of $1,000 Would Be Worth Today

Notably, if you had invested $1,000 into DOGE at launch, you would have procured 3.846 million tokens. At the current market price, Dogecoin has appreciated a staggering 60,746% from its launch price of $0.00026 to $0.1582. As a result, the 3.486 million DOGE, worth $1,000 at the time, would have surged to $608,460 today at press time.

Remarkably, the $1,000 would have been worth more in May 2021 when Dogecoin hit its all-time high, as it would have been a 292,400% upsurge from the debut price. Even at December’s peak price of $0.4846, the stash would be worth $1.86 million.

Nonetheless, the crypto market is marked by extreme volatility. As a result, investors are advised to take calculated risks and conduct personal research on assets before buying.

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