The rate of XRP, the third largest cryptocurrency by market capitalization, yesterday reached a maximum of 30 days. For the first time since October 8, the Ripple price was around $0.50.
The growth rate of the Ripple
At the time of writing, the XRP shows the best dynamics in the top 10: +8.7% over the last 24 hours. For the week, the cryptocurrency has risen more than 11%. XRP’s market capitalization reached $20 billion Thus, bitcoin has managed to recover after a hard 4 months and come to the July levels.
Compared to the same period last year, XRP has risen by 144% (in November 2017 course Ripple was around $0.20). Nevertheless, cryptocurrency is still 82% cheaper than the maximum level reached in January — $3.95.
XRP has become one of the many cryptocurrency, jumped in price in the result of yesterday’s recovery of the cryptocurrency market. Major coins like Bitcoin and Cardano, rose by 1-2%, while BasicAttentionToken (BAT) and zcash for increased in price by 4-8%. The total cryptocurrency market capitalization is $213 billion.