XRP -price drops 3% while Gumi buys $ 17 million in the middle of Litecoin attack

In the last 24 hours, the XRP price fell 3% to $ 2.76 Despite an investment involvement of $ 17 million from Japanese gaming and blockchain -gigantic Gumi and then Litecoin it mocked it as the “rotten egg token”.

Gumi, mentioned on the Tokyo Stock Exchange, said it is planning to complete the XRP purchases by February as part of its web3 extension. Supported by his most important shareholder SBI Holdings, the company will integrate XRP into its treasury strategy alongside Bitcoin.

According to an official announcement in the Japanese media outlet MinpostThe company’s board has approved the purchase.

Japanese gaming giant Gumi has just made a relocation of $ 17 million $ XRP As part of his crypto -treasury strategy, supported by SBI.

They have already stacked BTC earlier this year and now XRP closes with their balance in addition to new ecosystem games such as Flare. pic.twitter.com/tn3r9dci8x

– Tom Tucker (@Whatztheticker) August 29, 2025

The Focus on XRP is part of Gumi’s Double Asset strategy, which combines BTC and XRP. It sees Bitcoin as a store of value and stability and XRP a strategic investment for its focus on payment systems.

Gumi shareholder SBI is also a long-term wrinkle partner in Japan via SBI Ripple Asia, which focuses on blockchain payment systems in Japan and Asia.

Analysts say that the move could stimulate the credibility and acceptance of XRP in Asian markets.

Litecoin trolls XRP with ‘Rotten Eiertoken’ Jab

Just as XRP processed the GUMI news, the official Litecoin account on X took a excavation at the crypto and called it “Rotten Egg -Token” in a brutal social media post. The JAB quickly went viral, with more than 785k views and causing heated debates about X and crypto forums.

Fun fact: a comet smells like rotten eggs, urine, burning competitions and almonds. Most scientists say that the nearest comparison with this phenomenon on Earth is the idea that tokens called XRP would be sold to retail investors with the illusion that a digital bank-up-up tube is …

– Litecoin (@litecoin) August 29, 2025

The tweet mocked the idea that XRP tokens, which are often marketed as a bridge currency for bank systems, have inherent value only because there is a limited number in circulation.

Such a criticism is aimed at the story that banks have prepared for a time when they will all take over XRP as a replacement for Swift, the global interbancial payment system.

The XRP army did not take long to hit back, with attorney Bill Morgan Quickly remind people of the deterioration of Litecoin of the former glory:

“Do you remember when Litecoin was a top 5?” he said. “Not me either. It was so long ago. Remember when XRP was one of the top 3 coins. I too. Like today.”

X users otherwise weighed and claimed that Litecoin was on the sidelines while Ripple made movements in the market.

While Ripple Banks and financial regulators all over the world to transform the financial system, Charlie Lee was in his basement that pressed Hodl shirts, followed by dumping his remaining litecoin on his followers and silvered in Fiat.

– Other 🏁🌏 (@X__Anderson) August 31, 2025

XRP -Price fights the downward trend with Bulls with the aim of defending the $ 2.57 zone

XRP Recently experienced a strong upward step of the LOT Point of June of $ 1.9, and reaches a record high at the end of July above $ 3.65.

However, the bears took the lead over the XRP -priceWith the corrective price of the Ripple token within a falling channel pattern. XRP trades around $ 2.76, just below the 0.5 Fibonacci retracement level at $ 2.78.

Important indicators also support the downward trend, with the relative strength index (RSI) at 40.12, which floats near the sold -over area, indicating that the sales pressure has been dominant.

In the meantime, the Chaikin Money Flow (CMF) is somewhat negative at -0.16, an indication that capital outings are currently outweighing the influx. This reflects reduced purchase interest in the short term.

The advancing average convergence -Divergency (MACD) has also been crossed in a negative area, with the blue MACD line under the orange signal line and both under the zero line.

In general, XRP remains under pressure in the falling channel, with $ 2.57 (FIB 0.382) that serves as a crucial level of support.

Golden Cross Sparks in the long term optimism despite the short -term pressure

Due to the recent downward trend, the price of XRP has fallen just below the 50-day simple advancing average (SMA) ($ 3.09). However, the 50-day SMA remains above 200-day SMA and forms a Golden Cross at $ 2.42, indicating that XRP still has a positive trend in the long term.

If the level of $ 2.57 applies, XRP could see a rebound in the direction of the $ 3 marking and possibly re -test the channel resistance near $ 3.1 – $ 3.2. A confirmed outbreak above $ 3.2 could activate a meeting to $ 3.67 July high and possibly higher if the momentum strengthens.

However, if XRP does not defend the $ 2.57 zone, a deeper withdrawal to the 200-day SMA for $ 2.48 is probably.

The Bullish Case is supported by Nate Geraci, who noted that the chances of approval from Solana and XRP ETF look stronger.

You first heard it here …

People seriously underestimate the question of investors about Spot XRP & SOL ETFs.

Just like they did with spot BTC & ETH ETFs.

– Nate Geraci (@Nateraci) September 1, 2025

According to data on the chain, whales have purchased 340 million XRP in the past two weeks worth around $ 962 million in $ 2.83, indicating that the active demand remains. That is, despite the fact that token falls almost 5% in the same period.

Meanwhile, data from Coinglass Show that $ 268 million in XRP has been admitted from stock exchanges in the last ten days. This accumulation is often seen as a support to push an active even higher.

That is why, if renewed liquidity flows into the wider cryptomarkt, we could see a bullish trend in the price of the Ripple token.

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