Why did XRP coin surge (XRP coin skyrocket and plummet)
Why did XRP coin surge? According to CCN news, why did XRP coin surge? According
Why did XRP coin surge? According to CCN news, why did XRP coin surge? According to CoinMarketCap data as of 18:24 on May 12, Beijing time, the XRP price was $0.01, with a market value of $2,467,82 (+1.62%).
From the market performance chart, it can be seen that after the sideways adjustment of Bitcoin, the price of Ethereum has risen by more than 50%, and more and more investors have entered this field to participate. Therefore, there have also been many other altcoins such as ADA and SLP.
XRP Coin Skyrocket and Plummet
According to Bitcoinist data, XRP(XRP) has skyrocketed over 2000% in the past 30 days, reaching $0.258 at the time of publication. XRP coin was founded by the former CTO of Coinbase, and its token is the prototype of RXPToken. According to the official introduction, the vision of this project is to make blockchain technology and cryptocurrencies mainstream. Prior to this, on November 25, 2019, Ethereum founder Vitalik Buterin tweeted that an application library for supporting smart contracts called RippleNet is being developed and is planned to be launched by the end of 2019. Shortly afterward, the XRP price declined all the way, falling below $0.075 at one point, and is now trading at $0.141.
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