The price of the third largest cryptocurrency by market capitalization rose 9 percent earlier today to reach its highest total in the last 30 days. Currently, XRP is trading at $ 0.5 with a market capitalization of over $ 20 billion. The price change represents a gain of 9.78% based on the data from coinmarketcap.com.
It's been more than 30 days since XRP has been trading above $ 0.5
Earnings make XRP the biggest winner among the top 10 cryptographic coins by market capitalization. The currency gained over 12 percent in the last week according to coinmarketcap.com. You should go back to 6 October to find the last day when the XRP was trading above $ 0.5, specifically at $ 0.52.
Its market capitalization also rose to over $ 2.1 billion over the same period. It is something that has helped to reverse most of the losses that have been experienced in the last four months.
According to data from coinmarketcap.com, Ripple's native currency grew 144% year-on-year after doubling from $ 0.20. However, in 2018, its price fell by 82% from its all-time high of $ 3.95.
Giving a look to the other ten most important cryptocurrencies, most seem to be doing well at the time of writing.
Bitcoin Cash is the second with an increase of 3.35% over the same period. The currency is currently trading at $ 561 with a market capitalization of $ 9.7 billion. It is expected that the increases will continue for BCC as there is an incoming fork, scheduled for November 15th.
Cardano, the eight number of graphs encrypted by market capitalization has increased by 3.12 percent in the last 24 hours. ADA is currently trading at $ 0.077 with a market capitalization of over $ 2 billion.
Out of the first ten cryptocurrencies, things do not look so good for most crypto coins. Some coins undergo slight gains between 1-2%; however, most are in the red zone, many have losses ranging from 1 to 6 percent in the last 24 hours.
Basil has three years of freelance experience writing about disruptive technologies. It focuses on latest news and pieces of education; helping to spread the Gospel of Blockchain. He hopes to have his blockchain company one day; help the world through its innovative ledger technology.