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What Does the Frequent Appearance of XRP Whales in December Mean? How Can Retail Investors Make Profits?


Place/Date: - December 22nd, 2020 at 10:47 am UTC · 4 min read
Contact: Bexplus,
Source: Bexplus
On December 20th, as the BTC price reached a $24K all-time high,  the BTC price increase in December exceeded 20%, but XRP fell by 15%.  What does the operation of these transfers mean? How much you know about XRP and how can investors follow the whale to make quick profits?
What is XRP?
“XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger an open-source, permissionless, and decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently”, this is the official explanation from Ripple’s website, a digital payments platform. ....

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