In the wake of recent market growth, Ripple released a video reminding users of scam risks, featuring CEO Brad Garlinghouse. Meanwhile, XRP's price surge drew attention from traders and large investors.
Ripple's Scam Alert
Ripple's X account published a humorous video where Brad Garlinghouse plays dual roles: himself and a scammer offering doubled returns on XRP transfers. Garlinghouse emphasizes that Ripple will never ask for XRP transfers. This message serves to remind users to stay vigilant during market upswings.
273.4 Million XRP in 24 Hours
According to Whale Alert, several large transactions totaling 273.4 million XRP occurred in the past 24 hours. Notable transfers include those to Bithumb and Upbit exchanges: 100 million XRP was sent to Bithumb, and 60 million XRP was withdrawn from Upbit. A significant transfer from Binance was also reported.
XRP Price Dynamics
XRP recently crossed the $2 threshold, reaching a peak of $2.87. Currently, the third-largest cryptocurrency by market cap, valued at $139 billion, trades at $2.77, down from its previous high.
XRP's price increase highlights investor and trader interest, yet also underscores the need for vigilance against scams. Ripple's reminder emphasizes the importance of scrutinizing any suspicious offers.
