Ripple (XRP) is Skyrocketing, What’s Behind the Surge?

2018-11-18 12:16

The bearish market may not be in total control of most cryptocurrencies as was the case a few days back when the bears hit Bitcoin down to the $5k region for the second time this year. Altcoins were not exempted from the scary event that has now led the Ethereum and XRP to trade places.

Ethereum which was leading as the second largest cryptocurrency was knocked out by Ripple xrp twice, in a span of 14 days. More interestingly, the chart is looking greener for XRP as token has now appreciated by an impressive 9.09%.

On the 17th of November, XRP opened at $0.472323, reached a daily all-time high of $0.496730, recorded a slight decline and fell below its opening price to sit at $0.466813, but when the token closed $0.491654, very close to the next resistance level which it has now broken, it was evident that the bulls were in for XRP, which is now trading at $0.512395 as of this writing.

As Ethereum continues to fall further, Ripple’s trading volume keeps multiplying, all thanks to Japanese exchange Bitbank whose trading pairs of Ripple against the Japanese yen (XRP/JYP) has birthed a trading volume of $124.67 Million, which adds to Ripple’s overall trading volume of $829.02 Million. Market capitalization for Ripple (XRP) is swelling by minutes, and the token has now amassed a total of $20.56 billion in Market Cap against Ethereum, its opponent who is still battling to sustain a Market Cap of $18.27 billion.

A Ripple Explosion

Although a few crypto personnel expected that Ripple’s success will be short lived as they perceived the upsurge as of the common “pump and dump” situations, where a token is highly invested in for a certain period of time, mainly because traders are unwilling to experience the “FOMO”, Ripple is slowly changing this narrative. In fact, CNBC’S Ran Neuner had urged traders yesterday, to dump Bitcoin and Bitcoin Cash due to the hashing war, and fully adopt Ripple.

Traders have even begun to compare the value of Bitcoin against Ripple. “Is XRP the next bitcoin?” one user tweeted “No, bitcoin couldn’t achieve the standards. XRP is the standard.” she concluded.

The post Ripple (XRP) is Skyrocketing, What’s Behind the Surge? appeared first on ZyCrypto.

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Ripple (XRP) на Currencies.ru

$ 2.2268 (+0.16%)
Объем 24H $11.685b
Изменеия 24h: -1.45 %, 7d: -8.04 %
Cегодня L: $2.1858 - H: $2.2889
Капитализация $127.489b Rank 4
Цена в час новости $ 0.5169 (330.8%)

xrp ripple surge behind skyrocketing scary event

Источник: zycrypto.com

xrp ripple → Результатов: 126


Фото:

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Компания Ripple предупредила подписчиков в соцсети Х о массовых случаях фишинга и мошенничества на фоне роста крипторынка, в частности, криптоактива XRP.

2024-12-3 12:57


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XRP выросла на 20% после встречи гендиректора Ripple с Трампом

Американское издание FOX Business сообщило, что генеральный директор Ripple Брэд Гарлингхаус встретился с избранным президентом США Дональдом Трампом. На фоне этой новости криптовалюта XRP выросла на 20% — до $0,9842.

2024-11-18 11:49


Сколько XRP у Ripple? Компания раскрыла свои резервы

Недавно Ripple опубликовала отчет по XRP за четвертый квартал 2024 года, в котором поделилась, сколько именно XRP у нее на счетах. Судя по отчету, Ripple держит запасы в двух «карманах»: Свободный XRP — токены, которые у компании прямо в кошельке.

2024-11-3 12:03


Фото:

Ripple at crossroads as co-founder moves 30 million tokens amid reserve surge

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP’s price. In this article, we explore these key […]

2024-9-27 21:56


Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption

A crypto analyst from the YouTube channel AllinCrypto presented a video to prove that Ripple’s XRP has the best chance of being used as a currency compared to other cryptos. His argument is that the strength of XRP is not that it uses a currency but that it can enable the existing fiat currencies’ capabilities […] The post Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption appeared first on CaptainAltcoin.

2024-8-29 23:45


Ripple начинает тестирование своего стейблкоина на Леджере Ethereum и XRP

Компания Ripple, ориентированная на предприятия блокчейн-сервис и создатель XRP Ledger (XRP), сообщила в пятницу, что начала тестирование своего стейблкоина в сети Ethereum (ETH) и XRP Ledger. “В настоящее время Ripple USD находится на стадии бета-тестирования и проходит тщательную проверку нашими корпоративными партнерами”, – говорится в сообщении компании в блоге.

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