The XRP token, which has secured 5th place by capitalization, continues to please investors with dynamic growth. Over the past 24 hours, its price has increased by 17.82%, reaching $1.93.
Key XRP metrics:
Market Cap: $110.06B (+18.76%)
24h trading volume: $18.37B (+146.02%)
Fully Diluted Market Value (FDV): $191.44B
Circulating supply: 57.05B out of 100B $XRP
Why is XRP rising?
High activity in the market:
The trading volume to market capitalization ratio is 16.82%, indicating strong interest from traders.
Trust in Ripple technology:
#XRP continues to play a key role in payment solutions, supporting its fundamental value.
Limited offer:
With 57% of tokens in circulation, demand for XRP remains high, driving the price higher.
Conclusion:
XRP has shown impressive momentum, but investors should be aware of market volatility. The token remains one of the most promising assets for short-term and long-term strategies. 🚀
Podpishis @Sasha why NOT