Ripple bounces back.

in #crypto8 years ago (edited)

On Friday August 17th, Ripple (XRP) soared up by %16 from $0.29065 to $0.32853. At the moment, XRP holds $13 billion of the crypto market cap.

xrp.PNG

This coincides with one the Ripple's announcement concerning their plans to strengthen xRapid, which is a cross-boarder banking initiative. This announcement might have triggered a positive buying among speculators that resulted in the %16 increase; if not for serious investors.

Other cryptos such as Litecoin, Bitcoin cash, and Cardano have also displayed surges in price in the past 24-hours. There's high hopes there'll be a potential correction soon.

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
ADACardano0.100$1.95%-11.2%
BTCBitcoin6413.506$0.53%1.08%
LTCLitecoin57.547$2.13%-3.73%
XRPXRP0.336$4.55%11.08%

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