570 Million XRP Moved in One Hour, Shiba Inu's Shytoshi Kusama Seeks Audience With Ethereum's Vitalik Buterin, 72% PEPE Holders in Profit: C...

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Yesterday's notable events in the cryptocurrency space, as reported by U.Today:

1. Massive XRP Transfer: 570 Million Coins Moved in One Hour

On November 7th, Whale Alert reported two significant XRP transactions totaling over 570 million coins. These transfers coincided with a surge in the XRP price, reaching $0.57825. The transactions involved 100 million XRP ($53.27 million) and 470 million XRP ($250.45 million). While the exact purpose of these transfers is unknown, Ripple often executes such transactions for operational and legal expenses related to its ongoing SEC case.

2. Shytoshi Kusama Reaches Out to Vitalik Buterin for Discussion

Shiba Inu lead developer, Shytoshi Kusama, continues his efforts to expand the ecosystem. He recently contacted Ethereum co-founder Vitalik Buterin, requesting a 10-minute discussion. Kusama's goal is to introduce SHIB to Buterin, who previously expressed interest in Dogecoin's potential. However, Buterin has yet to respond.

3. 72% of PEPE Holders Profit as Price Surges

Data from IntoTheBlock reveals that around 72% of PEPE holders (224,330 addresses) have realized profits. The price of PEPE has recently surged, removing a zero and reaching $0.0000104. At the time of writing, PEPE remains in the green at $0.000011, up 8.28% in the past 24 hours. This rise is attributed to positive sentiment in the community and an overall positive outlook on the cryptocurrency market.