Today the Crypto market is seeing huge boom, mainly due to a surprising increase in prices of major cryptocurrency like Cardano (ADA), Solana (SOL) and Ripple (XRP). Along with this, the prices of major assets like Bitcoin (BTC) and Ethereum (Eth) have also increased well. Apart from this, Memecoins such as PEPE, DOGE and Shib have also contributed to this fast. In this article, we will learn in detail about the rising prices of these major cryptocurrency and their reasons.
Amazing increase in the price of ADA, XRP and SOL
Ripple (XRP) Value has increased by 25% in the last 24 hours and is currently trading at $ 2.79. This is an important time for XRP, as its market cap has now reached $ 161.78B. The XRP trading volume has increased by 474.13% to surprisingly higher in the last 24 hours. At the same time, Cardano (ADA) has shown an increase of about 60% in the last 24 hours and now Ada value $ 1.06 is at. ADA’s market cap has reached $ 37.51B. Solana (SOL) is also performing rapidly in the crypto market. The price of SOL has increased by 18% in the last 24 hours and is currently trading at $ 169.92.
Bitcoin and Ethereum prices rise
The price of Bitcoin (BTC) has increased by 8% in the last 24 hours and is now trading at $ 92,692.26. This growth reflects a strong recovery after the recent decline in BTC. Ethereum (Eth) is also trading at $ 2,442.18 with an increase of 9%. This growth of BTC and Eth is helping to maintain positive feelings and confidence in the Crypto market.
Memecoins boom
Memecoins, such as Shiba Inu (SHIB), PEPE and DOGECOIN (DOGE), are also included in this fast. The price of Shiba Inu has increased by more than 5% and is currently trading at $ 0.00001450. Pepe Coin showed a rise of more than 9% and is trading at $ 0.000008522. Dogcoin value It is also traded at $ 0.2276 with a gain of 10%.
After the announcement of TRUMP, all cryptos including XRP boom
On Sunday, US President Donald Trump made a historic announcement to include XRP, ADA and SOL first in the ‘Us Crypto Strategic Conserve’. Subsequently, Trump also included Bitcoin and Ethereum as the heart of this reserve, also included in the ‘Crypto Strategic Conserve’. After this announcement, a positive atmosphere was created in the Crypto Market, which increased the trust of investors and all the major cryptocurrency prices saw a rise.
The involvement of these major cryptocurrency in this reserve, especially XRP, ADA and SOL, has increased the attraction and confidence of investors towards them, resulting in an unexpected increase in their prices. Along with this, the prices of Bitcoin and Etreum have also increased, as Trump also further increased their importance by making these two parts of ‘Crypto Strategic Conserve’. After this decision, the crypto market accelerated, and all cryptocurrency prices have increased upwards.
Conclusion
There is an increase in the prices of major cryptocurrency like XRP, Ada, SOL, BTC, Eth and Memecoins behind the boom of today’s crypto market. The price of XRP is $ 2.79, Ada Price $ 1.06, SOL priced $ 169.92, BTC price $ 92,692.26, Eth price $ 2,442.18, and MemeCoins like DOGE, SHIB and PEPE prices have increased by 10%, 5% and 9% respectively.
The main reason for this increase was Trump’s announcement, which included XRP, ADA, SOL, BTC and Eth in Crypto Strategic ConservE. The growing popularity and speed of memecoins is also stirring the market. All these incidents have increased positive trends and confidence in the crypto market, which is increasing the prices of these cryptocurrency.
