Are you looking to make some smart investment moves in the cryptocurrency market? Well, look no further because XRP is making some serious waves right now!
XRP was trading at $0.6188 by 16:18 (20:18 GMT) on the Investing.com Index on Thursday, soaring up by a whopping 15.52% in just one day. This surge marks the largest one-day percentage gain since August 7.
With this surge, XRP's market cap also saw a significant increase, reaching $34.9202B, which accounts for 1.67% of the total cryptocurrency market cap. At its peak, XRP's market cap was a staggering $83.4407B.
Over the past week, XRP has been on an upward trend, gaining 7.07% in value. The trading volume for XRP in the past 24 hours stood at $5.9378B, representing 6.30% of the total volume of all cryptocurrencies. In the last 7 days, XRP has traded in a range of $0.4327 to $0.6418.
Despite these gains, XRP is still down by 81.19% from its all-time high of $3.29 achieved on January 4, 2018.
What's Happening with Other Cryptocurrencies?
Bitcoin is currently valued at $59,489.1 on the Investing.com Index, showing an 8.02% increase in a single day.
Ethereum, on the other hand, is trading at $2,573.74 on the Investing.com Index, with a gain of 9.42%.
Bitcoin's market cap stands at $1,171.6001B, representing 56.19% of the total cryptocurrency market cap, while Ethereum's market cap is $310.0187B, accounting for 14.87% of the total cryptocurrency market value.
So, if you're considering investing in cryptocurrencies, now might be the perfect time to jump on the XRP bandwagon. With its recent surge and positive momentum, XRP could potentially offer lucrative returns for savvy investors. Keep an eye on the market trends and make informed decisions to maximize your investment opportunities!