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XRP and Other Cryptocurrencies Among Top 10 Purchases by BSC Whales

XRP and Other Cryptocurrencies Among Top 10 Purchases by Binance Smart Chain Whales

Introduction:

In the world of cryptocurrencies, whales are known as investors who hold a significant amount of tokens or coins, giving them the power to affect market prices. The Binance Smart Chain (BSC) has its own set of whales, and recently, WhaleStatsBSC tweeted about the top 10 purchased cryptocurrencies by these whales in the last 24 hours. Among these, Ripple (XRP), Cardano (ADA), Dogecoin (DOGE), Chainlink (LINK), FLOKI, and Terra (LUNA) made the list. In this article, we will discuss their current prices and weekly performances.

XRP’s Price:

At press time, XRP’s price has increased by 0.47% over the last 24 hours, according to CoinMarketCap. However, its weekly performance is still in the red at -1.53%, with its price standing at $0.3701. XRP is a remittance token that is designed for cross-border payments and has been facing regulatory challenges in the United States.

ADA’s Price:

ADA’s price, on the other hand, has been able to climb 3.91% in the last 24 hours. Its weekly performance, however, is still in the red at -7.04%. ADA is known as an Ethereum-killer and aims to provide a more scalable and energy-efficient platform for decentralized applications.

DOGE’s Price:

DOGE’s price is up by 1.48% over the last 24 hours, with its price standing at $0.06631 at press time. Like XRP and ADA, its weekly price performance is also in the red at -13.38%. DOGE started as a joke cryptocurrency but has gained immense popularity, thanks to endorsements from celebrities such as Elon Musk.

Other Cryptocurrencies:

Chainlink (LINK), a decentralized oracle network, and Terra (LUNA), a stablecoin platform, have seen their prices increase by 2.05% and 1.12%, respectively, over the last 24 hours. FLOKI, a meme token inspired by Elon Musk’s dog, has seen its price increase by 1.75%. However, their weekly performances are still in the red, with LINK at -4.31%, LUNA at -6.18%, and FLOKI at -12.17%.

Sydney TheCMO.eth also tweeted about XRP’s surge in popularity among BSC whales, indicating growing interest in the remittance token.

Conclusion:

The recent tweet by WhaleStatsBSC about the top 10 purchased cryptocurrencies by the biggest Binance Smart Chain whales in the last 24 hours shows the market sentiment towards these digital assets. While XRP, ADA, and DOGE have seen slight increases in their prices, their weekly performances remain negative. Nonetheless, the cryptocurrency market is highly volatile, and these prices are subject to change at any moment. As with any investment, it is important to conduct thorough research and exercise caution before investing in cryptocurrencies.

Author
Alice Scott is a prolific author with a keen interest in the stock market. As a writer for Livemarkets.com, she specializes in covering breaking news, market trends, and analysis on various stocks. With years of experience and expertise in the financial industry, Alice has developed a unique perspective that allows her to provide insightful and informative content to her readers.