• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP Fluctuations Amid Rumors of Trump Administration Support

user avatar

by Giorgi Kostiuk

10 months ago

In recent days, XRP has experienced significant fluctuations, capturing the attention of both investors and analysts.

Current XRP Market Situation

At the time of writing, XRP is trading at $3.14, down 5.25% in the past 24 hours according to CoinMarketCap. The digital currency had previously reached a seven-year high of $3.40 before dropping to a daily low of $3.09.

Speculations on XRP's Future

XRP faces a potential correction to the $3 level after a sharp rally, fueled by rumors of potential inclusion in the U.S. national reserve under the Trump administration. Ripple, the company that created XRP, has started discussions about the token's potential influence on national financial policy.

Historical Context and Prospects

XRP's current price is 18.42% below its all-time high of $3.84, recorded in January 2018. Despite the recent surge, the token failed to breach a $200 billion market cap and is now valued at approximately $180.91 billion.

The future of XRP remains uncertain due to market volatility and speculation, making it a potentially interesting asset to watch.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Nexton Solutions Innovates with AI Execution Layer for Yield Generation

chest

Nexton Solutions is developing a unified AI execution layer to automate yield generation across various chains and liquidity venues, featuring an AI Arbitrage Routing Engine and an Automated Restaking Module.

user avatarNguyen Van Long

Nexton Solutions Raises $4 Million to Enhance AI-Powered Restaking Protocol

chest

Nexton Solutions has raised $4 million in a strategic financing round to enhance its AI-powered restaking and arbitrage execution protocol.

user avatarSatoshi Nakamura

Proposed Sovereign Stack to Enhance Stablecoin Infrastructure

chest

A sovereign, purpose-built technology stack could address the infrastructure challenges faced by stablecoins.

user avatarJesper Sørensen

Capital B Reports Impressive Year-to-Date Yield of 1,6585%

chest

Capital B has achieved a remarkable year-to-date yield of 1.6585%, emphasizing its focus on Bitcoin accumulation.

user avatarRajesh Kumar

Arbitrum's Undervalued Status and Breakout Potential Highlighted by Analyst

chest

Renowned analyst Michal van de Poppe highlights Arbitrum (ARB) as extremely undervalued and a prime accumulation target, indicating a potential breakout.

user avatarFilippo Romano

Arbitrum Strengthens Its Position in DeFi with Major Upgrades

chest

Arbitrum has solidified its position in the DeFi ecosystem with over 20 billion in total value locked and significant upgrades, including the Stylus for EVM compatibility.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.