Show

<p>Ripple’s XRP has been having some hard times lately, with its price being 22% down in the past 4 weeks. Just yesterday, on January 31, 2024, <a href="https://captainaltcoin.com/prominent-analyst-reports-ripple-hack-and-laundering-of-100m-in-xrp/" target="_blank" rel="noopener noreferrer nofollow">hackers stole around $112 million </a>worth of the cryptocurrency XRP from a crypto wallet belonging to Ripple’s co-founder and executive chairman Chris Larsen. Larsen disclosed the theft saying there was unauthorized access to a few of his personal wallets. Law enforcement is already investigating the matter.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong>Long-Term <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> Holders Remain Confident</strong></p>
<p><a href="https://twitter.com/B_arri_C/status/1752649598693416963?t=5Aab5b5dURmOohJ7wxphNg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">X user @B_arri_C</a> expressed optimism about XRP’s long-term prospects, suggesting that the negative sentiment is misplaced. He tweeted, “The new FUD around #XRP is that it is ‘dead’ And this new FUD filled narrative will result in people either selling their $XRP or taking their attention away from #XRP.” However, he sees the current conditions as a unique opportunity, saying, “No other asset is due for explosive price action like #XRP Ignore the FUD.”</p>
<p><strong>On-Chain Data Shows Potential for XRP Bounce</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="675" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-1024x675.png" alt="" class="wp-image-430742" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-1024x675.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-300x198.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-768x506.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-1536x1012.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-2048x1349.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-228x150.png 228w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-100x66.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-336x220.png 336w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-531x350.png 531w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18-788x519.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-18.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>The <a href="https://twitter.com/santimentfeed/status/1752838892674482398?t=v-8E1QcmLIURJHA2K6nZjQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">crypto analytics firm Santiment</a> also analyzed XRP’s on-chain data. They noted that despite XRP’s price slide on Wednesday, there was record high transaction volume from large wallet holders. Additionally, whales don’t appear to be panicking, as wallets holding at least 10 million XRP continue accumulating tokens. Santiment concluded, “There are some key signals indicating that the #6 market cap asset is one of the better candidates for a bounce, assuming #Bitcoin can stabilize the rest of the week.”</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/how-crypto-trader-yielded-over-800k-with-dots-rival-token/" target="_blank" rel="noopener noreferrer nofollow">How Crypto Trader Yielded Over $800K with DOT’s Rival Token</a></li>
 <li><a href="https://captainaltcoin.com/will-cardano-reclaim-0-65-coinpedia-analysis-says-ada-upside-looking-likely/" target="_blank" rel="noopener noreferrer nofollow">Will Cardano Reclaim $0.65? Coinpedia Analysis Says ADA Upside Looking Likely</a></li>
 <li><a href="https://captainaltcoin.com/5scape-will-be-at-the-forefront-of-the-next-vr-and-ar-wave-in-2024-heres-why/" target="_blank" rel="noopener noreferrer nofollow">$5SCAPE Will Be At The Forefront of the Next VR and AR Wave in 2024 – Here’s Why</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ripples-investors-dont-need-to-panic-as-dead-xrp-shows-signs-of-life-ready-to-bounce/" rel="noopener noreferrer nofollow">Ripple’s Investors Don’t Need to Panic as ‘Dead’ XRP Shows Signs of Life Ready to Bounce</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple’s Investors Don’t Need to Panic as ‘Dead’ XRP Shows Signs of Life Ready to Bounce

Table of Contents

CaptainAltcoin

Other articles published on Feb 1, 2024

China to update AML rules with a focus on crypto transactions

Heroes of Mavia Launches It’s Anticipated Game on iOS and Android with Exclusive Mavia Airdrop Pr...

Celsius Overcomes Chapter 11 Bankruptcy with Unique Strategy

Animoca Brands Japan’s New COO to Set Rivalry for Web3 Companies

El Salvador to Resume Bitcoin City Plans Post-Election, Boosting Crypto Economy

XRP First Death Cross in 2024 Arrives; Here's Price Implication

Join our free newsletter for daily crypto updates!