17,293,727 XRP Worth 12,397,934 USD Transferred to Unknown Wallet
https://ift.tt/e7863fH
- XRPL’s creator fund is a $250 million pledge to help XRPL artists.
- XRP is down 6.35% in the last 24 hours.
Months after Ripple announced its “Creator Fund” centered on NFT, XRP Ledger (XRPL) is witnessing great demand for its NFT hosting ecosystem. Ripple said in a blog post dated April 7, “incredible momentum and exciting NFT use cases come to life on the XRPL,” citing a list of notable developers who have joined the XRPL’s NFT ecosystem.
XRPL’s creator fund is a $250 million pledge to help XRPL artists by providing them with the required tools, financial support, and collaborations to kick-start their initiatives on the platform. Ripple has onboarded about 4,000 artists and authors since its September 2021 debut via its creator fund, including award-winning novelist and artist Justin Bua, director Steven Sebring, and the xPunk collective. Additionally, XRPL has collaborated with numerous markets and creative agencies, like Mintable, VSA Partners, NFT PRO, Ethernal Labs, and MintNFT, to bring together a wide range of artists.
Rare Air Media, the production company behind Michael Jordan’s “for the love of the game” video autobiography, has joined the NFT producers on the ledger list. According to Rare Air Media, the first batch of NFTs for the former NBA great will be introduced in Q2 2022.
Crypto Whale Alert
An unidentified whale has transferred a large quantity of XRP to the Binance exchange from an anonymous wallet. Whale Alert, a blockchain monitoring and research firm, estimated the transaction’s total value at $12,397,934 USD. In a single day, crypto whales exchanged hundreds of millions of dollars of XRP. On Monday, April 11, 2022, the transaction was recorded at around 10:30 a.m. UTC as per data from Whale Alert.
According to CoinMarketCap, XRP price today is $0.710142 USD with a 24-hour trading volume of $1,785,923,884 USD. XRP is down 6.35% in the last 24 hours.
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