In a short period of time, the price of XRP experienced a sudden increase of 11% before plummeting by 10% due to a large sell order on the spot market. This surge in XRP's value is said to be linked to the election of Donald Trump as the President of the United States, as well as a supposed meeting between Ripple CEO Brad Garlinghouse and Trump. Additionally, the price of ADA, founded by Charles Hoskinson, who is rumored to be a cryptocurrency advisor in the new US administration, also witnessed a similar price increase.



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