2025-01-11 12:30:00 by coingabbar

CryptoCurrency news Top Crypto Highlights: XRP Whales, Cookie DAO & Trump’s Big Shift XRP News: Ripple Whales Bag 1B Coins Sparking Optimism Recent data reveals Ripple whales have purchased 1 billion XRP in just two days, suggesting robust investor confidence. This large-scale accumulation could indicate potential bullish momentum for the digital asset. Analysts highlight pivotal price levels that may propel XRP’s standing, with some even speculating it could eventually surpass Ethereum. With growing interest in Ripple’s crypto, a price rally may be on the horizon. Investors are closely watching whale movements, anticipating further signs of XRP’s market expansion and stability. Cookie DAO’s Surge and Dip : Market Prospects Cookie DAO (COOKIE) soared over 300% year-to-date, then corrected after a Binance listing triggered profit-taking. Broader market sentiment and inherent crypto volatility also contributed to the price dip. Nonetheless, the Binance listing boosts liquidity, visibility, and credibility for COOKIE. Currently holding a $170.4 million market cap, COOKIE could see further growth if it sustains adoption, utility, and ongoing development. Short-term volatility attracts active traders, while long-term investors look for continued innovation and real-world traction within the DAO. Ultimately, COOKIE’s success hinges on delivering tangible value amid ever-shifting market conditions. Trump Makes History with Meme Coins and NFTs Donald Trump, once a crypto skeptic, now reportedly holds around $8 million worth of meme coins, making him the first sitting U.S. President to back them. Trump shifted his stance in 2024, publicly supporting Bitcoin and pledging to defend ownership rights. He also launched NFTs on Ethereum, earning thousands of dollars and amassing nearly 496.77 ETH (around $1.6 million). Expectations run high for a clear digital asset regulatory framework under his administration. The appointments of Paul Atkins as SEC chair and David Sacks as crypto czar suggest more pro-crypto policies, including a potential executive order to create a U.S. Bitcoin reserve. Few Pump.fun Traders Surpass $10K Profit According to new Dune data, nearly all of Pump.fun’s 13.55 million wallet addresses have yet to surpass $10,000 in cumulative profits, reflecting limited overall success. Only 55,296 wallets exceeded $10,000, placing them in the top 0.412% of users. However, on-chain analyst Adam Tehc cautions that these figures may not reflect true profitability, since realized profits only count after positions are closed. Pump.fun, a Solana-based memecoin platform, records even fewer traders reaching six- or seven-figure gains, indicating high earnings are significantly rarer than many assume.