XRP News Today: XRP Surges 6% as PEPD and ZIL Gain Bullish Momentum in Crypto Rally

With the crypto market experiencing renewed momentum, XRP, Pepe Dollar (PEPD), and Zilliqa (ZIL) are being highlighted as potential top performers in the coming months. XRP, the native token of Ripple, has shown strong volatility, surging to $3.03 before pulling back to $3.00 in a 24-hour period. This price movement, which followed a sharp decline from earlier in the month, has sparked renewed interest among investors and analysts alike. A successful breakout above $3.23 could signal a potential move toward $3.65 and even $4.00, according to some analysts, though the token remains under pressure as it tests key support levels [1][2]. Long-term forecasts suggest even higher targets, with some projecting a possible move toward $4.10 by August 2025 [3].

Meanwhile, Pepe Dollar (PEPD), a meme-based token, is gaining traction among retail investors and attracting attention from seasoned traders. Its growing community and strategic partnerships have contributed to rising trading volumes and a sense of bullish momentum. PEPD is increasingly being viewed as a top presale contender in 2025, positioning itself as a strong alternative to more established meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) [4].

Zilliqa (ZIL), another altcoin in the spotlight, is also seeing a surge in interest. The platform’s focus on scalability and smart contract functionality aligns with the growing demand for decentralized applications, making it a viable long-term investment. ZIL has benefited from the broader altcoin rally, with investors closely watching its performance as part of the next bull market cycle [5].

The growing influence of political figures in the crypto space is also contributing to the current market dynamics. The entry of Trump Media into the crypto game, driven by his Bitcoin adviser and a proposed $200 million PAC, has introduced new variables that could shape investor sentiment and market behavior [6]. While the exact impact of such developments is difficult to quantify, the intersection of politics and digital assets continues to draw attention from traders and analysts.

As XRP stabilizes above key support levels and PEPD gains traction among retail investors, the stage is set for a potential wave of growth. Zilliqa, benefiting from broader altcoin momentum, is also being positioned as a key player in the next bull run. However, the volatile nature of the crypto market means that corrections and uncertainty remain ever-present factors for investors to consider.

[1] XRP surged 6% during the 24-hour trading window from August 3 at 03:00 to August 4 at 02:00, rising from $2.83 to a high of $3.03 before closing at $3.00. https://cryptoadventure.com/xrp-surges-stalls-at-3-as-trading-volume-triples-on-profit-booking/

[2] XRP has recovered from the $2.80 support, currently exchanging around $3.004, with upward objectives at $3.65 and $4.00. https://www.tronweekly.com/