XRP Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) has seen a 3.43% increase in price over the last 24 hours, reaching $0.62, continuing a positive trend from the past week with a 1.0% gain. The coin's all-time high is $3.40. Trading volume has decreased by 5.0% over the past week, while the circulating supply has increased by 0.3% to over 54.01 billion, which is 54.01% of its max supply. XRP's market cap is currently ranked #6 at $33.68 billion.
December 20, 2023 | 7:00 pm
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XRP has experienced a 3.43% price increase over the last 24 hours and a 1.0% gain over the past week, with a current price of $0.62. The trading volume has decreased by 5.0%, and the circulating supply has risen to 54.01 billion.
The price increase of XRP over the past 24 hours and the past week indicates a positive short-term momentum, which could attract more investors and potentially push the price up further in the short term. However, the decrease in trading volume could suggest a lower market activity that might temper the price increase. The increase in circulating supply could have a dilutive effect on the price, but this seems to be offset by the current positive price trend.
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