Trump Sparks XRP Surge: Trading Volume Soars 26% Amidst Political News

In a recent update from COINOTAG on February 19, former President Donald Trump highlighted an article about XRP on his platform, Truth Social. The piece, originally published by CoinDesk in January, detailed how Ripple’s CEO, Brad Garlinghouse, observed a surge in U.S. trading and recruitment activities following Trump’s electoral victory. This renewed interest seems to be reflected in the market, with XRP’s trading volume witnessing a remarkable increase of 26% within just 24 hours, bringing it to an impressive $5.5 billion. However, despite this uptick in trading activity, the price of the XRP token has stagnated at approximately $2.53, raising questions about market sentiment and future trends in the cryptocurrency landscape. Investors are advised to monitor developments closely amidst these fluctuations.