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The XRP price has surged 13% in the past week despite a 2% fall in the last 24 hours to trade at $329 as of 11 p.m. EST on a 24% drop in the daily trading volume to $8.6 billion.
This drop in the XRP price comes as Fundstrat’s Tom Lee tells CNBC that young investors should allocate “20% or more” of their portfolios to XRP and other cryptocurrencies, arguing that “there’s a lot of upside to go.”
🚨 JUST IN: Tom Lee tells CNBC young investors should put “20% or more” of their portfolios into #XRP and crypto.
“There’s a lot of upside to go.”
That’s not hype, that’s truth. 🔥 pic.twitter.com/vlKZDdIdH5
— John Squire (@TheCryptoSquire) August 8, 2025
Lee says this isn’t mere hype but a truth he believes will shape the next major wealth-building cycle.
The token recently pulled back after failing to break above $3.50, but bounced quickly from the $3.00 support level, showing buyers are still in control.
The daily chart shows XRP broke out of a long consolidation after rebounding from the $2.00–$2.20 support zone. This rally hit resistance near $3.50, then slipped back to $3.00 in what turned out to be a false breakout. Buyers stepped in fast, leading to a bullish reversal.
XRPUSDT Analysis Source: Tradingview
The Relative Strength Index (RSI) sits at 60.63, suggesting there’s still room for more gains before the market becomes overbought. If momentum holds, XRP could try another push toward $3.50.
A clear move above that level may open the door to the next target at $4.20. On the downside, a drop below $3.00 could pull the price back toward $2.50.
Lee’s comments come as more big institutions show interest in crypto through ETFs and direct investments. His advice for young investors to commit heavily to crypto signals strong confidence in the sector’s future.
For now, XRP’s price structure remains bullish. Traders are watching $3.50 as the breakout point and $3.00 as the key support. If XRP can push past resistance, it could see its biggest rally since late 2021, right in line with Lee’s view that the market still has plenty of upside.
Snorter Token: The Meme Coin Trading Bot That Sniffs Out Big Gains
As the XRP price gears up for a breakout above the previous high, investors are flocking to a new trading bot crypto called Snorter Token (SNORT).
This Solana-based project with a playful aardvark mascot is making waves as its presale races past $2.9 million. At its heart, Snorter is a Telegram-native trading bot built for speed and precision, giving everyday traders a fighting chance in the chaotic meme coin arena where whales and bots usually strike first.
Powered by Solana’s lightning-fast blockchain, Snorter enables sub-second token swaps, allowing users to snipe new coins the instant they launch, often before price charts even appear elsewhere.
🚨 Snorter Bot is now live in Best Wallet! 🚨@SnorterToken is building a powerful multi-chain Telegram trading bot designed for speed, transparency, and automation.
Snorter Bot will give users the ability to access lightning-fast trades and real-time execution directly from… pic.twitter.com/EqkWxGMcQy
— Best Wallet (@BestWalletHQ) May 28, 2025
The bot also features advanced scam detection, boasting an 85% success rate in spotting rug pulls and honeypots, helping traders steer clear of traps that could empty their wallets.
Its biggest edge over bots like Banana Gun and Unibot is affordability. Holding SNORT cuts trading fees from 1.5% to just 0.85%, beating the competition hands down.
The bot also offers MEV protection to block exploitative bot attacks, copy-trading to follow top-performing wallets, and a live portfolio dashboard, all accessible directly within Telegram.
For traders hunting the next Pepe or Bonk, it’s a potential game-changer. That’s why an analyst on the crypto YouTube channel 99Bitcoins, with over 723k subscribers, believes SNORT could surge up to 100X after launch.
The SNORT token itself is no slouch. Early investors can stake it for a jaw-dropping 151% annual return. Currently, SNORT is priced at $0.1007 and can be bought with SOL, ETH, USDT, or even a bank card.
With a price hike looming in about 22 hours, now is the best time to buy.
Visit the Snorter Token website to learn more.
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