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Reading: XRP trading volume soars as new ATH attracts deepfake scam targeting investors
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The cryptonews hub > Blog > Trending News > XRP trading volume soars as new ATH attracts deepfake scam targeting investors
Trending News

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

Crypto Team
Last updated: July 18, 2025 7:37 pm
Crypto Team
Published: July 18, 2025
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wp header logo 677 XRP trading volume soars as new ATH attracts deepfake scam targeting investors

XRP recorded a total volume of $22 billion, surpassing the combined volume of all the top-10 non-stablecoin digital assets outside of Bitcoin and Ethereum.

CoinMarketCap data confirms that this surge was heavily concentrated in South Korea and the US, with XRP accounting for over one-third of trades on Upbit, South Korea’s largest crypto exchange.

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“We’re seeing a clear wave of retail flood in. Unit bias is in full effect – XRP’s lower price makes it psychologically more attractive.”

CoinMarketCap also confirmed that XRP led trading volume on these US platforms during the same period of its upward market run.

As XRP’s price action grabs attention, scammers have moved quickly to exploit the moment.

The video featured a convincing AI-generated impersonation of Garlinghouse, praising the community for its support in Ripple’s ongoing legal battle with the US SEC. The impersonator then promised a 100 million XRP airdrop and directed viewers to visit a fraudulent website.

These schemes typically lure users with fake rewards and prompt them to enter sensitive wallet details, leading to theft.

source

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