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May 3, 2024
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Comments Off on Old XRP Coins Cause Stir Indicating Potential ‘Buy the Dip’ Interest

Old XRP Coins Cause Stir Indicating Potential ‘Buy the Dip’ Interest

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Dormant tokens in the XRP Ledger have begun to stir, setting the stage for May’s market activity. New data suggest the blockchain is seeing another “huge blast” in dormant XRP movement, alongside increasing open interest (AI). Surge in Old XRP Coin Movement According to Santiment’s Token Age Consumed metric, there has been a significant surge

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Dormant tokens in the XRP Ledger have begun to stir, setting the stage for May’s market activity.

New data suggest the blockchain is seeing another “huge blast” in dormant XRP movement, alongside increasing open interest (AI).

Surge in Old XRP Coin Movement
According to Santiment’s Token Age Consumed metric, there has been a significant surge in the movement of old XRP coins on the ledger, similar to the spike observed just before the market downturn on April src3th, during which the cryptocurrency plummeted by src6%.

However, in this particular case, there’s a compelling argument suggesting that this mov

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