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A much-needed bounce is running across crypto. Daily momentum gauges have reset, buyers are stepping in, and prices are lifting off important support. The big question now is simple: does this rally top out as a lower high or do bulls punch through resistance and flip the short to medium trend back in their favor? If it stalls, a final sweep under $100,000 on Bitcoin remains in play.

In the cryptocurrency ecosystem, XRP and Ripple are prominent members, and so is XRP Ledger (XRPL). Often, the trio is confused based on their name and functionalities. This article will provide an explanation of each of the terms and their importance in the crypto world.

Justin Bons, founder of investment firm Cyber Capital, reignited debate this week by calling Bitcoin, Ethereum, XRP, Binance Coin, and Tether “mediocre projects” that fail to meet the crypto movement’s goals.

The launch of mXRP, a yield-bearing version of XRP, triggered intense demand on its first day. Strobe Finance, the XRPL-native DeFi platform behind the rollout, confirmed that the initial cap sold out in less than one hour, forcing the team to increase the supply cap to 882,000 mXRP.

Amid major shifts in the cryptocurrency market, XRP has taken the lead in short-term capital rotation. It outpaced Solana (SOL) in realized capitalization growth over the past 30 days, according to the latest shared by blockchain analytics platform Glassnode.

In the cryptocurrency ecosystem, XRP and Ripple are prominent members, and so is XRP Ledger (XRPL). Often, the trio is confused based on their name and functionalities. This article will provide an explanation of each of the terms and their importance in the crypto world.

The launch of mXRP, a yield-bearing version of XRP, triggered intense demand on its first day. Strobe Finance, the XRPL-native DeFi platform behind the rollout, confirmed that the initial cap sold out in less than one hour, forcing the team to increase the supply cap to 882,000 mXRP.

BNB has overtaken XRP to become the world’s third-largest cryptocurrency by market capitalization, following a notable rally that pushed its price above $1,290.

A review of XRP’s price in August over the past 12 years shows that the cryptocurrency ended the month in profit only four times—2016, 2017, 2020, and 2021. Rest of the years, the token stumbled losses and the worst happened during 2023, while XRP’s price dipped by 26.6%.

Bitcoin, Ethereum, and XRP are ready for a massive rally as sentiment is shifting in favor of bulls. Glassnode’s latest data revealed that retail investors across BTC, ETH, and XRP are still sitting on sizable profits, despite the fear dominating social sentiment.

Digital Asset Investor, a well-known XRP commentator, has expressed caution over yield in response to recent sales promising between 8% and 10% annual returns on XRP holdings.

Reports of Israeli airstrikes on Iran have triggered a sharp sell-off across the cryptocurrency market, leading to the liquidation of hundreds of millions in long positions. Bitcoin, Ethereum, and XRP bore the brunt of the sell-off, plunging massively in a matter of hours.

Attorney and XRP advocate John Deaton has that refunding original investments in profitable assets through Linqto could result in the platform earning massive gains at the expense of users.

Digital Asset Investor, a well-known XRP commentator, has expressed caution over yield in response to recent sales promising between 8% and 10% annual returns on XRP holdings.

Matt Hamilton, a former director of developer relations at Ripple Labs, has broken a deadlock between the Chainlink (LINK) and XRP armies. to Hamilton, it is meaningless to compare the value of XRP and LINK, since the former is a native coin to the XRPL ledger while the latter is used within the Chainlink protocol.

A review of XRP’s price in August over the past 12 years shows that the cryptocurrency ended the month in profit only four times—2016, 2017, 2020, and 2021. Rest of the years, the token stumbled losses and the worst happened during 2023, while XRP’s price dipped by 26.6%.

Bitcoin, Ethereum, and XRP are ready for a massive rally as sentiment is shifting in favor of bulls. Glassnode’s latest data revealed that retail investors across BTC, ETH, and XRP are still sitting on sizable profits, despite the fear dominating social sentiment.

A review of XRP’s price in August over the past 12 years shows that the cryptocurrency ended the month in profit only four times—2016, 2017, 2020, and 2021. Rest of the years, the token stumbled losses and the worst happened during 2023, while XRP’s price dipped by 26.6%.

Founder and CEO of Cyber Capital, Justin Bons, claimed that and permissioned in his latest tweet. Renowned cryptocurrency lawyer Bill Morgan continued with his argument that XRP is a decentralized cryptocurrency by citing Grayscale’s description of the digital asset in a recent filing with the SEC.

Bitcoin led risk appetite on October 2, pressing toward $120,000 and setting a seven-week high as traders weighed fresh seasonality and the first U.S. government shutdown since 2018 to 2019. traded near $118,500 to $119,400 during the session, with the intraday high just under $119,400.