XRP Soars 30% to $0.4, Highest Price Since Last July

[sneakyboi]

XRP Soars 30% to $0.4, Highest Price Since Last July

XRP, the fourth largest crypto with a market cap of $16.68 billion, today hit $0.4, its highest price since last July. That's up from $0.286 a day ago, a jump of 30%.

Overall, the global crypto market cap increased by 3% to $529.5 billion.

XRP is a cryptocurrency favored by payments institutions, who use it for real-time settlements and moving money across banks at low costs.

It is developed by Ripple, a non-profit company based in San Francisco… but not for too long; regulatory crackdowns are making it difficult for Ripple to operate in the US.

Learn more about the news here.

[Fadhilz123]

I think the strong reason behind the soar because of all about the fork. A new coin for ripple holder with 1:1 ratio and snapshot day on December 12th. That's why so many people buy it to prepare the fork.

This is the news: https://dailyhodl.com/2020/11/20/xrp-utility-fork-incoming-heres-how-to-prepare-for-the-highly-anticipated-flare-airdrop/