Ripple update: Impressed with XRP
I’ve been really impressed with XRP’s performance in the past week, despite the performance of the rest of the market.
Steadily increasing market cap percentage, and steadily increasing against BTC/ETH valuations.
My only regret is that I am a trader, and I want to increase my holdings of XRP – but I have only ETH to do so with. And right now ETH is tanking harder than everything else, so while the XRP/USD price is down the XRP/ETH price is up quite a bit.
XRP now has the number 2 spot with over a $3 billion lead. Impressive. I think either some xRapid production volume is starting to flow keeping numbers up or maybe market sentiment regarding XRP is finally starting to change.
It’s crazy how much XRP is ignored as a whole in crypto, it’s been #3 for a long time, and now #2 for almost a week, and yet you see announcements touting LTC, DASH, ETC, with no mention of XRP. Oh well, more for me I guess.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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