TL;DR
- Uphold’s XRP Giveaway Winner: Uphold, a New York-based cryptocurrency exchange, awarded 20,000 XRP to Oregon resident Daniel Z. and plans to give away 50,000 XRP in November, increasing from an initial 10,000 XRP after partnering with Ripple.
- November Sweepstakes Mechanics: Participants in Uphold’s November sweepstakes can win 50,000 XRP by making trades, with each $20 trade providing an entry.
- XRP Price Outlook: Analysts predict a rise in XRP’s price, with potential peaks of $1.40 by year-end and $0.87 by November 19, depending on overcoming resistance levels.
More Than Doubling the XRP Giveaway
The New York-based cryptocurrency exchange – Uphold – announced that the winner of its special XRP distribution for October is Daniel Z., a resident of the state of Oregon
Recall that the companyvowedto transfer 20,000 XRP to one lucky person who conducts at least $20 of eligible trades on the platform. Initially, the giveaway was set at 10,000 XRP, but Uphold doubled the amount a day aftercollaboratingwith Ripple
The exchange announced a distribution for November, too. This time, the lucky one will get 50,000 XRP (equaling over $32,000 at current rates).
“This November, we’re giving away a staggering 50,000 XRP to one lucky trader! For every $20 of eligible trades you make on our platform, you’ll get an entry into the sweepstakes. This means the more you trade, the higher your chances of winning,” Uphold explained.
Can XRP Jump Before the Month’s End?
Several analysts have argued that XRP’s recent price increase is the beginning of a further rally that could take the asset to higher peaks before the end of 2023.
One such person is the X (Twitter) user EGRAG CRYPTO, whobelievesthe coin could rise to as high as $1.40 before January 1, 2024, should it overcome a major resistance level, described as a “consolidation” zone
Dark Defenderthinksa considerable ascend could be in the cards this week, predicting that XRP might jump to $0.87 on November 19. Those willing to check the asset’s possible performance in the remaining months of 2023 could take a look at the video below:
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
