XRP's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) saw a 3.53% increase in price over the last 24 hours, reaching $0.55, continuing a positive trend with a 7.0% gain over the past week from $0.52. The coin's trading volume has increased by 44.0% over the past week, with its circulating supply now at 55.24 billion, representing 55.24% of its max supply. XRP's current market cap is $30.27 billion, ranking it #7.

May 06, 2024 | 7:00 pm
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POSITIVE IMPACT
XRP's price increased by 3.53% in the last 24 hours, reaching $0.55, with a 7.0% gain over the past week. The trading volume for XRP has risen by 44.0%, and its circulating supply has increased to 55.24 billion.
The positive price movement of XRP, accompanied by a significant increase in trading volume and circulating supply, suggests a strong market interest and potential for further gains. The 7.0% weekly gain and the increase in market cap to $30.27 billion further solidify XRP's position in the market, making it a potentially attractive asset for short-term investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100