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XRP continues to shine
With the increasing popularity of blockchain technology, several platforms have emerged to assist investors on how to negotiate these cryptocurrencies. One of the most popular trading platforms is Binance. In the recent trading activity, the TRX / XRP pair recorded a huge gain in terms of volumes and trading prices. Investors who had taken positions in TRX were smiling up at the bank.
TRX achieved a fifteen percent gain with its prices rising from $ 0.0266 to $ 0.030 in one day. It's not all. More investors were interested in the digital currency and the daily trading volume doubled to nearly seven million dollars. Although this currency was traded on various platforms, Binance and another famous exchange with the name of Mono managed nearly thirty percent of all traded currencies.
Good performance
Another cryptographic resource that has achieved good results is TX. On Wednesday, it gained nearly fifty percent and its trading volume increased by over five hundred percent. Therefore, the two cryptographic assets form a good pair for any trader who wants to make a short-term gain.
In fact, in the last week, they outperformed other digital currencies to become one of the best trading pairs. Perhaps this is an indication that investors have increased confidence in XRP that they consider safe and reliable.
Binance Making Changes
Binance has maintained its position as one of the main exchanges or cryptocurrencies in terms of trading volumes. Popular coins like Bitcoin, Binance Coin and Ethereum have a prominent position on its platform. However, in the recent past, the exchange has made some changes. Ethereum has been moved to alternative markets. Now the basic trading pairs will include Ethereum and XRP.
Trust XRP
The excellent performance of XRP captured Binance's eyes. As such, the base pair also includes XRP. This serves to increase the confidence of traders in the cryptic heritage. It also means a significant change in the platform. Previously, ETH dominated the altcoin markets. With the entry of XRP, the market for ETH is expected to decline significantly.
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