XRP breaks above $1, retaking 4th place among top cryptos

XRP breaks above $1, retaking 4th place among top cryptos
фото показано с : cryptoslate.com

2021-4-6 17:30

Despite the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), the price of Ripple’s XRP token has nearly doubled in the last 24 hours, reaching over $1.

At press time, XRP is trading at around $1.05, up 48.8% on the day.

Source: XRPUSD Chart on TradingView

The token’s weekly gains are even more impressive, clocking at +85.3% over the past seven days. At the same time, the latest surge has pushed XRP’s market capitalization—the total worth of all circulating tokens at current prices—to more than $47.7 billion, making it the fourth-largest cryptocurrency yet again.

Notably, this is the first time XRP has broken above $1 since March 2018, and the overall bullishness suggests its all-time high of nearly $4 is could yet again on the horizon, Konstantin Anissimov, executive director of crypto exchange CEX.IO, told CryptoSlate.

He noted:

“At current valuations, the cryptocurrency is on track not just to reclaim top stop amidst the major cryptocurrencies, but is also pushing to break its all-time high (ATH) record of $3.84 set more than three years ago.”

The tide is turning

Anissimov also pointed out that the positivity around XRP was further reinforced by Ripple pushing for “new frontiers through partnerships to drive its cross-border payments business out of the United States of America.”

As CryptoSlate reported, the SEC has filed a $1.3 billion lawsuit against Ripple Labs and its executives last December, alleging that token sales conducted since 2013 could’ve been illegal. This resulted in the token’s price plummeting as numerous crypto exchanges, including Coinbase, Crypto.com, eToro, and others, suspended the trading of XRP or outright delisted it.

Recently, however, one of the SEC’s lawyers reportedly implied that crypto exchanges and regular users can safely trade XRP without violating any of the regulator’s guidelines.

Last week, a group of XRP holders was also granted its request for a motion to intervene in the SEC v. Ripple case, which further reinforced bullish sentiments around the token.

The post XRP breaks above $1, retaking 4th place among top cryptos appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5232 (+0.31%)
Объем 24H $484.06m
Изменеия 24h: -0.05 %, 7d: 3.26 %
Cегодня L: $0.5207 - H: $0.5232
Капитализация $28.926b Rank 7
Цена в час новости $ 0.945 (-44.63%)

xrp among cryptos 4th above breaks retaking

Источник: cryptoslate.com

xrp among → Результатов: 126


Фото:

Here’s The Real Reason Why Ripple’s XRP Has Performed The Worst Among Large-Cap Cryptos

Ripple’s XRP has had a disastrous time over the last two years. In a period where other large-cap cryptocurrencies have been attempting a comeback, XRP has lagged behind significantly. As reported by ZyCrypto earlier, the digital asset emerged as the worst performer among the top 20 cryptocurrencies during the first quarter of 2020. At $0.20, […]

2020-5-23 20:47


XRP and XLM have the least correlation with Bitcoin among the top 10 cryptocurrency list

First mover, Bitcoin, is rightfully enjoying all the advantages as every other cryptocurrency is pegged to it, giving it a wild sway over altcoins. Since Bitcoin is the most traded cryptocurrency (excluding Tether) and is one of the dominant trading pairs on most exchanges, the effect of any sudden movement in BTC can be seen […] The post XRP and XLM have the least correlation with Bitcoin among the top 10 cryptocurrency list appeared first on AMBCrypto.

2019-10-6 19:00


XRP primes itself to race to the moon after prominent analyst predicts coin breakout

The race to the top of the cryptocurrency mountain is one dominated by Bitcoin. However, there is huge competition among other altcoins to follow suit. Since Ethereum overtook XRP on the crypto-charts, the XRP community has been salivating patiently for the token to surge again and according to recent reports, there have been new signs […] The post XRP primes itself to race to the moon after prominent analyst predicts coin breakout appeared first on AMBCrypto.

2019-6-5 17:30


Statistics Show XRP is more Popular Than Bitcoin Among Crypto Users in California

Although XRP has faced significant price setbacks in 2019, at least it has something to boast about – more popularity than Bitcoin in California. According to data from Uphold’s Transparency Report, XRP is the most popular cryptocurrency in the American state of California with most transfers going to Brazil, Venezuela and the American states of […] The post Statistics Show XRP is more Popular Than Bitcoin Among Crypto Users in California appeared first on ZyCrypto.

2019-5-2 10:12


Biggest weekly losers: XRP, Litecoin [LTC], Stellar Lumens [XLM] fall by 10%; market tanks after Bitfinex-Tether fiasco

The market saw prices of most major cryptocurrencies soar earlier this week. However, the weekend has led to a new turn of events as coins are now being dragged into bearish territory. Among the top-10 coins, the five cryptocurrencies that saw the biggest fall were Stellar Lumens [XLM], EOS, Cardano [ADA], XRP, and Litecoin [LTC].

2019-4-26 11:14


XRP is a “Big Game Changer,” says Ripple SVP Asheesh Birla Regarding RippleNet Payments Business

Asheesh Birla, the SVP of Product at Ripple while speaking with Ginger Baker, the senior director of product at Ripple recently talked about RippleNet, XRP among other things. Starting with what exactly Ripple is trying to solve, he explains how the initial idea was to move money like information. But today still sending money is […]

2019-4-16 18:05


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP & Cardano Whales Load Up Bags: Preparation For Altcoin Rally?

On-chain data shows that XRP and Cardano whales have been accumulating recently, which can be bullish for the prices of these altcoins. XRP & Cardano Whales Have Gone On A Buying Spree Recently As analyst Ali explained in a new post on X, XRP whales have seen their holdings go up over the last couple of weeks.

XRP Whales Are Active: Here’s Where They Are Sending Coins

On-chain data shows the XRP whales have been active during the past day. Here are the destinations their moves have been heading to. XRP Whales Have Moved Around Big Amounts In Last 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large XRP transactions have been witnessed on the blockchain in the past day.

XRP Price Alert: Breakout Could Confirm Today

The XRP price has been in a downtrend since mid-November 2023. However, the XRP bulls seem to be taking control again if the following happens. An analysis of the 1-day chart of XRP/USD reveals that a potential price breakout is imminent.