There was a remarkable mobility in the crypto money market at the weekend. The XRP gained more than 12 %and reached US $ 2.2, while the transaction volume increased to over 3.2 billion dollars. This rise, Ripple $0.005361It was claimed that Arthur Britto, one of the founding partners of the founding partners, had a short sharing on social media after a long hiatus and the decrease in the tension in the Middle East.
Increase in purchasing transactions and price movements
According to data, XRP The price rose from $ 1.93 to $ 2.2 in a short time. In this process, a significant increase in the amounts subject to processing was increased and the transaction volume exceeded $ 3.2 billion. According to Cencko, the crypto money analysis platform, these price movements coincide with the revival throughout the market and the temporary decrease in geopolitical tensions. It was observed that the interest of investors was intense and the increase in the transaction volume carried the price up.
Arthur Britto disrupts his silence and market effect
Another important factor in the price increase was that Arthur Britto, one of Ripple’s founding partners, shared on the social media platform X after a long time. Britto’s sharing of only one “Speechless” emojis soon aroused great interest between the crypto community. Especially Britto’s lack of publicly issued a public message for about thirteen years attracted attention. The reality of the sharing was confirmed by Ripple CTO David Schwartz.
David Schwartz: “Arthur Britto’s sharing is real, there is no security violation or hack.”
This sharing of Britto brought about different speculation among the XRP community and investors. Following Britto’s statement, the interest in XRP increased and a positive expectation in the market.
Arthur Britto’s role and history in the sector
In addition to being one of the founders of Ripple, Arthur Britto played a critical role in the development of XRP Ledger. Together with Jed McCaleb and David Schwartz, Britto launched the project in 2012 and has long been silent in public opinion. Apart from Ripple, it is known that it continues its activities as the founder and president of Polysign, which provides Blockchain infrastructure service.
The name Arthur Britto also took place from time to time in the US Securities and Stock Exchange Commission (SEC) for Ripple’s main company. However, in these documents, it is stated that it is not directly accused.
In 2015, some disputes came up as a result of Britto’s lawsuit against another founder Jed McCaleb. Britto, McCaleb’s Stellar 
$0.246872 When he started the Network project, he claimed that Ripple used the code base without permission and acted against the contract between them.
Following this short -term rise in the XRP price, it is stated that whether the interest in the market will continue and Arthur Britto will share in the future in the future, will continue to be the subject of follow -up for investors. There was no other explanation except for the sharing by Britto.
The latest developments in the market did not only consist of changes in the transaction volume and price of XRP. Ripple’s history, the moves of the founding partners in the sector and social media shares can lead to significant price mobility in the crypto currency market. It is considered that investor interest and speculative expectations of the XRP may lead to high volatility in the market in the coming period. As in the past, XRP can exhibit significant short -term price movements with the news flow and effective figures in the market. It is recommended that the XRP community and investors continue to monitor price movements with technical and basic data and to pay attention to the management of possible risks and opportunities.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
