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Gate Square New & Returning Creator Rewards are ongoing!
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Santiment Announced: Ripple Has Signs of Bulls!
On-chain data has revealed that Ripple (XRP) may experience a huge rise.
In his post on the on-chain analytics firm Santiment, he stated that there are signs of bulls in Ripple.
By comparing Ripple, Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA), Santiment emphasized that the number of profitable investors in Ripple in the last week was less than the number of investors in loss.
According to the general opinion, the fact that the profitable investor is less than the harmful investor indicates an increase in the price. On the other hand, according to the data, the majority of Ripple investors have been selling at a loss for a week, which is interpreted as a harbinger of a rise in price.
Ripple, which has a securities lawsuit with the US Securities and Exchange Commission (SEC) that has been going on for more than 2 years, has recently displayed a good upward performance with the positive news from the USA.
Thomas Kralow, founder of asset management company Kralow Capital and crypto hedge fund manager, recently stated that Ripple could rise as high as $30 if it wins the unregistered securities lawsuit filed against it by the SEC.
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