(https://support.bityard.com/hc/article_attachments/900006735303/mceclip0.png)
The betting interest of traders in China as much as it is in the United States is piqued by rallies in GameStock (NYSE: GME) shares as well as dogecoin (DOGE) and bitcoin (BTC).
The highly active crypto community is speculating on Weibo, China's popular social media platform, on which cryptocurrency will be next to get a significant pump after dogecoin and bitcoin jumped in recent days.
"According to one Weibo account holder with almost 40,000 followers, "Were it not that Ripple was struggling with its lawsuit, the next token being pumped by the retailers in the U.S. could have been XRP. "A lot of crypto newcomers just look at prices and names, and they don't care how many times this particular token has taken away the money of people or whether it's highly centralized."
It could be a good time to look at tokens that are most associated with XRP," continued the post, which was followed by several responses asking if the next token to pump would be Stellar lumens (XLM)." According to CoinDesk 20, XLM prices were trading at $0.304 at press time, up 13.96 percent in the past 24 hours and outperforming bitcoin.
Source: Bityard (https://support.bityard.com/hc/en-us/articles/900004312786-Blockchain-News-Chinese-traders-are-betting-on-what-to-pump-next-after-GME-Dogecoin-and-Bitcoin)