- Despite the interest shown by whales, the short-term sentiment surrounding XRP remained grim.
- The temporary rise in interest gave a fillip to XRP’s social activity.
Ripple [XRP] gained good ground in the last 24 hours of trading, defying the lackluster market of other large-cap crypto assets like Bitcoin [BTC] and Ethereum [ETH].
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XRP shows signs of recovery
XRP bumped up to $0.55 during Sunday, 20 August, trading hours, according to CoinMarketCap data. However, because of liquidation by short-term bulls, prices dipped and XRP traded at $0.52 at the time of writing.
Nonetheless, the temporary uptick was enough to heighten the social buzz around the payments-focused cryptocurrency. As per social analytics firm LunarCrush, XRP’s social engagements increased significantly in the last 24 hours.
$XRP has leading combined social + market activity.#XRP has hit the #1 LunarCrush AltRank™.
24-hour activity
Price +4.412% to $0.5410
Social engagements 140,152,191https://t.co/NzkiB1zmlx pic.twitter.com/CXm
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Author: Aniket Verma