The price of XRP has experienced a drop of 6.39% in the past 24 hours, leading to $16.88 million in losses for traders. However, this decrease in price has not deterred trading activity, as trading volume has increased by 111% and the dollar valuation sits at $8.81 billion. This indicates that there is enough liquidity in the XRP market to meet demand from futures and retail traders, and could potentially lead to a rebound in price. XRP has been a driving force in the altcoin market recently, growing by 10.3% in the past week and reducing monthly losses to 2.8%. Factors such as the launch of the RLUSD stablecoin and the activity of XRP whales contribute to the attractiveness and potential growth of XRP in the long term.



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