Recently, XRP whales caused quite a stir after transferring nearly 900 million tokens over the weekend. Ripple Labs also strategically transferred 100 million XRP. Meanwhile, the Shiba Memu presale is intensifying, with only 46 days left until its conclusion.
XRP whales, i.e. large XRP holders, executed massive transactions, amounting to 850.1 million XRP and $569.4 million in fiat. The two biggest transfers involved 425,807,780 XRP and 424,307,758 XRP respectively.
Ripple Labs initiated a transfer of 100 million XRP between its wallets, as well as transfers to the Bitstamp and Bitso crypto exchanges. The two exchanges have been long-term Ripple partners and actively participate in Ripple Payments, formerly known as On-Demand Liquidity service (ODL).
Shiba Memu’s presale is nearing its end, and participants have a limited window to secure tokens before the presale concludes. To encourage early participation, the presale price is expected to increase in the next few hours. This strategy is meant to provide value to the community and align with market conditions.
Unlike traditional meme tokens that rely on human marketing teams, Shiba Memu is self-sufficient, thanks to AI technology. This technology produces content and actively engages with users. Moreover, an AI marketing dashboard will be launched soon, emphasizing the token’s commitment to transparency and user interaction.
XRP and Shiba Memu are making waves in the crypto space. Investors must stay vigilant and flexible in the ever-changing world of cryptocurrencies.