Two altcoins witnessed significant whale activity in the past 24 hours.
Another transaction shows that an unknown wallet address transferred 367.06 million DOGE ($33.6 million) to another unknown wallet address.
As for XRP, the cryptocurrency created by Ripple Labs (CRYPTO: XRP):
Data shows that the XRP Ledger reported an unexpected surge in activity, with daily transactions expanding 350% within the past 24 hours to 4.11 million transactions. This is the highest in the last two years. In November 2021, transactions stood at a record 5.09 million.
Also, the number of new accounts activated stood at 20,183 highest in the last two years last being in November 2021 (21,251).
Why It Matters: Close observers of the activity have varying takes on what all this activity could mean.
Crypto Daily Trade Signals predicts that “#Dogecoin Will do something Big in 15 Days.”
Another user, @itsALLrisky said, “2024 goal: say "Dogecoin to the moon!" at least once per day”
An account known as Doge-Panda wrote, “Ain’t nothing holding Ðogecoin down…hope y’all bought the dip n is getting ready to be on this rocket #dogecoin.”
Dogecoin creator Billy Markus, widely known as Shibetoshi Nakamoto, also chimed in, asking his followers on Dec. 24: “Which is better, Solana or Ethereum? my opinion on which one is better is whichever community tips me more!”
He went on to add his SOL and ETH addresses on the post and within just five hours he collected over $10,000 in various cryptocurrencies, with his Ethereum wallet receiving $8,200, primarily in ETH. The Solana wallet collected almost $2,000 in various assets which was a mix of Solana tokens.
Crypto YouTuber Ben Armstrong expects XRP "will start moving" in the next three to four weeks. "Pack your bags bois it's about go-time,” he said.
Another crypto YouTuber, Crypto Rover, took to X and said, “Once $XRP breaks out of this pattern. The breakout will be massive.”
Price Action: In the past 24-hour trade, DOGE has seen a 3.7% surge while XRP posted a 3.1% increase in the same timeframe.
Read Next: Mike Novogratz Reconsiders Ripple - 'XRP Army Is Real'; Questions Use Of Bitcoin As Currency
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
