Quick Facts:
1️⃣ Taking advantage of the renewed risk-on sentiment in the crypto market, $XRP has recorded a 9.45% surge on the weekly chart – outperforming $BTC and $ETH.
2️⃣ It’s too early to tell whether $XRP can sustain the momentum, however, as derivatives market data and technical indicators give mixed signals.
3️⃣ Meanwhile, the Best Wallet Token presale is approaching $17M, as investors pivot to early-stage infrastructure projects to offset losses from the October 10 deleveraging event.
$XRP is one of the best performers among heavy-cap cryptos this week.
For context, $BTC has surged 5% over the past seven days, while $ETH is up 4.5% . Considering the previous weeks’ bloodbath, the trend paints an optimistic picture for the market, but their gains pale in comparison to $X

Bitcoinist

Raw Story
The Daily Beast