According to Jinse Finance, on Monday, the stock price of Rumble (RUM) rose over 14%, with a recent trading price of $6.51. This follows reports that stablecoin company Tether increased its holdings of RUM by over 1 million shares last week, valued at approximately $5.75 million. Rumble and Tether have been collaborating on several projects, including developing a cryptocurrency tipping feature for the Rumble platform.
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After Tether purchased 1 million shares, Rumble's stock price pumped over 14%.
According to Jinse Finance, on Monday, the stock price of Rumble (RUM) rose over 14%, with a recent trading price of $6.51. This follows reports that stablecoin company Tether increased its holdings of RUM by over 1 million shares last week, valued at approximately $5.75 million. Rumble and Tether have been collaborating on several projects, including developing a cryptocurrency tipping feature for the Rumble platform.