While Bitcoin is at the forefront among the cryptocurrencies that benefited the most from Donald Trump's victory, XRP is also at the top. Because XRP has climbed to the $3 limit in the rally it started in recent months.
While the bullish momentum in XRP has waned in December, the price has dipped below $2 but continues to hold above $2.
XRP continues to stay at the top of South Korea's largest exchanges as it struggles with declines.
According to the data, XRP exceeded $800 million in dollar terms in the last 24 hours in trading volume in KRW trading parity on UpBit and Bithumb, South Korea's largest exchanges in terms of volume and number of users.
UpBit recorded over $600 million in volume and Bithumb over $200 million. Bitcoin’s trading volume was less than half of these levels.
Interest in leading altcoins like Dogecoin (DOGE) and Ethereum (ETH) also remained low compared to XRP.
Experts pointed out that South Korean investors contributed to the buying pressure by creating enthusiastic increases in altcoins and affected the prices upwards, and said that these volume increases could indicate a potential increase in the XRP price.
$11 Target for XRP!
As investors in South Korea turn to XRP, popular analyst Ali Martinez also made a bold prediction for XRP.
The analyst predicted a major rally for XRP in 2025, predicting that the price could reach a new high of $11.
https://x.com/ali_charts/status/1873858351857328157
*This is not investment advice.
