CandleFocus XRP Hits $2.77, Becomes Third-Largest Crypto Amid Market Frenzy
2024-12-02
Author: Content Editor
The digital currency XRP has experienced a significant surge in value, climbing over 41% against the U.S. dollar in the past day and increasing by 431% overall. XRP is currently trading at $2.77 per coin, making it the third-largest cryptocurrency by market value with a market capitalization of approximately $154 billion. It ranks third in trading volume, with $44 billion in global transactions in the last 24 hours. XRP is just 19% below its all-time high of $3.40 achieved in 2018. The currency has also gained attention in derivatives markets, with over $84 million in liquidations. The recent price jump and trading activity suggest renewed investor interest and the possibility of regulatory leniency from the SEC. However, investors remain cautious due to XRP's volatility.
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