XRP social activity soars to 3-month high!

The cryptocurrency market appears to be gaining momentum again in multiple areas as most of its assets are back to trading in the green zone, including XRP, which posted gains alongside social activity and price surge.

XRP social activity soars to 3-month high!

Specifically, according to data and chart published by crypto and exchange social intelligence platform LunarCrush, XRP’s quarterly social activity is on the rise, recording 1.95 billion social interactions from 9,424 social participants as of September 29, 2022.

XRP 3 months activity. Source: LunarCrush

As explained in the tweet, these figures represent a 38% increase in social engagements and an 8% increase in the number of social contributors over the quarter.

Big growth in three months and days

At the same time, according to data from CoinMarketCap, the price of XRP also registered significant gains, increasing by about 59% in the three months to September 30.

XRP social activity soars to 3-month high!  - Picture : 2

XRP 3-month price chart. Source: CoinMarketCap

That being the case, the price of XRP is currently $0.4926, which represents an increase of 12.84% on the day despite still a 7.9% drop from the previous week. Its market cap is currently $24.42 billion, making XRP the sixth largest crypto by this indicator.

However, the crypto community on CoinMarketCap is bearish about the coin’s near future, with votes predicting that the decentralized finance (DeFi) token will trade at $0.4166 by October 31, 2022.

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Source: Teknolojioku Rss by www.teknolojioku.com.

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