Ripple's XRP price surged 23% following a cryptic message referencing Donald Trump's inauguration embedded in one of its recent transactions. The message sparked optimism within the XRP community, driving the price to a 14-day high.
Ripple ( XRP ) price surged 22% in 3 days to hit $2.47 on Friday, as crypto markets started 2025 on a positive note. On-chain data shows the price rally coincided with a cryptic Trump -related message embedded in Ripple ’s latest 500 million XRP escrow transaction on January 1. XRP Weighted Sentiment turned increasingly negative on Tuesday, signaling room for further upside as market sentiment rebounds from the holiday sell-off. Ripple ( XRP ) price reached a 14-day peak of $2.
5 on Friday, as the mega-cap altcoins make a positive start to 2025. With market sentiment still trending cautious, on-chain data suggests XRP price could potentially score larger gains as the United States (US) President-elect Donald Trump inauguration nears. XRP starts 2025 with a 23% rally as Ripple’s Trump reference ruffles feathers On Wednesday, Ripple unlocked another 500 million XRP tokens from its escrow account as a part of Ripple’s monthly schedule to manage the token supply. However, a cryptic message referencing Trump's upcoming inauguration embedded in Ripple’s latest transaction has sparked a positive market reaction. XRP community influencer JackTheRippler alerted his 302,400 followers on X to a memo accompanying Ripple’s latest transaction details. Transaction details of the 500M XRP Tokens (Source: X Post) The meme read: “January 20th is around the corner. Donald Trump will be in WH ,and we are going to make crypto great again.” Hinting at potential transformative changes in crypto under the Trump administration, this transaction meme has ignited optimism within the XRP spot markets. Ripple (XRP) price action | January 3, 2025 As seen in the chart above, XRP opened trading at $2.1 on Wednesday. But since the Trump reference embedded in Ripple’s latest escrow transaction, XRP price has surged by 23% to hit the $2.5 level on Friday, overtaking Tether (USDT) as the third largest cryptocurrency project by market capitalizatio
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