Ripple donates $25 million to crypto super PAC again amid record profit-taking levels among XRP investors
- Ripple invested another $25 million in pro-crypto Fairshake super PAC.
- The elevated profit levels of XRP’s total supply could see investors realize profits rapidly, causing a potential price decline.
- XRP could see a new all-time high at $3.57 if bulls can stage a rally above the 2021 high of $1.96.
Ripple’s XRP is down 6% on Tuesday following record profit-taking among investors as its percentage of total supply in profit reached very high levels in the past week. This follows Ripple Labs donating another $25 million to the pro-crypto Fairshake super PAC.
Ripple donates to Fairshake super PAC, realized XRP profits reach record levels
Ripple co-founder and CEO, Brad Garlinghouse, announced that the company…
