XRP's Price Increased More Than 10% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) has seen a significant price increase of 10.96% in the last 24 hours, reaching $0.62. Over the past week, the cryptocurrency has gained 6.0%, rising from $0.58. The all-time high for XRP is $3.40. Trading volume has risen by 39.0% over the past week, and the circulating supply has grown by 0.17% to over 54.21 billion, which is 54.21% of the max supply. XRP's market cap is currently ranked #6 at $33.51 billion.
January 11, 2024 | 3:00 pm
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XRP's price surge of over 10% and increased trading volume indicate strong market momentum, which could attract more investors in the short term.
The sharp increase in XRP's price and trading volume suggests a high level of market interest, which often leads to further short-term gains as momentum attracts additional buyers. However, the volatile nature of cryptocurrencies means that trends can reverse quickly.
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