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XRP Registers 9% Gains To Become One of the Top Gainers This Week

Author

Jonathan Gibson

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Reading time

1 min
Last update

Author

Jonathan Gibson

Tags

Category

News - Archive

Reading time

1 min
Last update

Author

Jonathan Gibson

Tags

Reading time

1 min
Last update

xrp

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XRP, the top 5 digital assets in the market, has registered massive gains in the last few days. Today, the virtual currency grew by 9%, pushing its total weekly gains to 23.4% at the time of writing this article. Ripple continues to work with multiple companies around the world to expand the functionalities of the Ripple ecosystem. 

XRP Becomes One of the Top Gaines in the Crypto Market

The crypto market continues to register gains with XRP becoming one of the top gainers with 9% gains in the last 24 hours. According to CoinGecko, the fifth-largest virtual currency is now pushing the market higher thanks to the positive sentiment that has been built around this digital asset in recent months. 

CoinGecko currently shows that XRP is very close to surpassing Binance Coin (BNB), the fourth-largest cryptocurrency in terms of market value. At the time of writing, XRP has a market capitalization of $38.18 billion while XRP has a market cap of $38.77 billion, just $590 million higher. It is worth taking into consideration that each XRP coin can be purchased for $0.70. 

As mentioned before, there are multiple reasons that could have helped XRP reach the current price levels. One of these reasons could be linked to the growth that the digital currency experienced in Dubai. Therefore, an expansion of the XRP Ledger could be a positive reason for XRP to move higher.Â