The 11.10% increase XRP recorded on Wednesday was not really observed. The amount of $2.4845 is the biggest daily leak we have seen since March 2. The crypto world is constantly in flux, but such sudden increases always attract attention.
XRP’s market cap reached $134.9407 billion, accounting for 7.08% of the total crypto market. Here is another good example of how cryptocurrencies fluctuate. The highest market cap was set at $190.3902 billion. It is interesting that they remember their past peaks; it all depends on these fluctuations.
Over the last 24 hours, XRP has traded between $2.2659 and $2.4845. On such active days, opportunities can arise for traders. Last week, there was a 3.55% increase, which is a development that pleases investors. The 24-hour trading volume also reached $3.1385 billion.
However, there are some facts; XRP’s price is still 26.83% below its $3.40 level on January 16. This situation shows that cryptocurrency investors should be careful. The cryptocurrency market is exciting, but let’s not forget that it also comes with risks. In short, this latest rise of XRP is promising for the market, but time will tell what will happen in the future.
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