{"id":146528,"date":"2023-07-19T11:12:24","date_gmt":"2023-07-19T11:12:24","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=146528"},"modified":"2023-07-19T13:55:20","modified_gmt":"2023-07-19T13:55:20","slug":"xrp-pumps-again-as-ripple-injects-fresh-funding-in-metaverse-company","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/xrp-pumps-again-as-ripple-injects-fresh-funding-in-metaverse-company\/","title":{"rendered":"XRP Pumps Again as Ripple Injects Fresh Funding in Metaverse Company"},"content":{"rendered":"
The native token of Ripple, Ripple (XRP<\/a>), has surged yet again following Ripple’s announcement that it has invested in artificial intelligence (AI) and metaverse <\/a>technology and content company, Futureverse.<\/strong><\/p>\n XRP is on a roll! The digital token has been gleaming with confidence since Ripple’s victory against the United States Securities and Exchange Commission (SEC) when Judge Analisa Torres ruled that XRP does not meet the criteria to be considered a security. <\/span><\/p>\n The ruling propelled Ripple token to a one-year high, soaring more than a whopping 65% in just 24 hours.<\/strong> However, the digital token has shed some of its gains as the cryptocurrency market experienced some fluctuations in the absence of key economic events. <\/span><\/p>\n According to CoinMarketCap<\/a>, XRP is up 4.78% in the last 24 hours to trade at $0.78. Meanwhile, over the past seven days, the digital coin increased more than 64%, although, XRP remains significantly down from its all-time high of $3.40, reached in January 2018. The recent rally comes shortly after Ripple announced it has injected fresh funding into Futureverse.\u00a0<\/strong><\/span><\/p>\n On July 18, Ripple took to Twitter to reveal the company invested in a Series A funding round of Futureverse, in an effort to merge the two most sought-after technologies in the world right now – Metaverse and artificial intelligence (AI). The fundraiser was led by 10T Holdings, a growth equity fund that invests in private companies operating in the digital asset ecosystem.<\/p>\n We are excited to support the @futureverse<\/a> vision! — Ripple (@Ripple) July 18, 2023<\/a><\/p><\/blockquote>\nXRP Rides the Wave<\/h2>\n
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Ripple Catches Metaverse Fever<\/h2>\n
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\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f https:\/\/t.co\/UpBwGwAgtg<\/a><\/p>\n