You Won’t Believe How XRP Flipped USDT—And Back—In Less Than Two Hours!

For a fleeting hour, which in the realm of cryptocurrency might as well be an entire Russian winter, XRP surged past USDT to claim third place among cryptoassets by market cap. Then, like a guest at a provincial wedding who’s misplaced his overcoat, XRP was quietly ushered away so USDT could reclaim its seat. Ah, the capriciousness of fate… and algorithmic trading bots. 😉

No one can quite say why traders scattered to XRP like seagulls after rye bread. The SEC, in a generous gesture of bureaucratic affection, resolved its case with Ripple last week. Yet it was only this morning that XRP’s volume decided to launch itself onto the stage, waving its arms and demanding attention.

XRP Market Cap: A Theatrical Nearing of $150 Billion

Since the final curtain fell on the SEC vs Ripple production, XRP has swelled with activity. Not just a modest gathering—one might say the marketplace resembled a bustling railway station at rush hour. Prices rallied; trade volumes soared in a way that would have left Chekhov’s Uncle Vanya anxiously double-checking his savings.

In the last day alone, XRP’s volume leapt upward more than 100%, shoving USDT aside like a determined babushka eager for a seat on the tram.

The mere fact that XRP outran USDT’s market cap is, in today’s booming stablecoin world, enough to make any sober analyst reach for another glass of kvass. And yet, as always, numbers harbor their own peculiar secrets.

Here, the analysts have spoken, invoking their oracular spreadsheets to reveal something that might amuse Chekhov’s characters at their next gloomy soirée:

Ever wondered what kind of loose change you need to shake $XRP’s cap up by $16.6B?

I have followed every trade on every exchange. The number? $61 million. That’s the sum of market buying we saw over 13 hours.

So yes, in terms of global finance, $61 million is basically the price of an awkward brunch in Moscow…

— Dom (@traderview2) May 12, 2025

We are told there are macroeconomic factors for XRP’s leap, but the truth is slipperier than a trout in a peasant’s bucket. The SEC case? That was last week. Today’s frenzy? Quite possibly the handiwork of a lone, mysterious trader with a penchant for drama—and $61 million to burn.

Needless to say, a sudden surge in activity without foundation is about as stable as a dacha built on marshlands. Once XRP’s price took a mid-afternoon dip, USDT quietly shuffled back into third place, while everyone pretended not to notice the commotion.

Meanwhile, far from Wall Street, faint rays of optimism glimmer. Did you hear Missouri may soon allow digital assets like Bitcoin and XRP to thrive without capital gains tax? Imagine—a farmer, once taxed on cabbages, now counting crypto instead!

Perhaps this, plus the indestructible spirit of speculation, will ignite even more interest in these ‘Made in USA Coins.’ Or perhaps tomorrow brings another absurd plot twist. Such is life. 🥂

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2025-05-12 23:06