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XRP Becomes 24-Hour Top Gainer With 28.2 % Surge

Published 02/07/2022, 09:27 AM
Updated 02/07/2022, 09:30 AM
XRP Becomes 24-Hour Top Gainer With 28.2 % Surge
XRP/USD
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    • Ripple (XRP) has come up with a 28.2% increase in the past 24 hours.
    • XRP remains one of the top 10 cryptocurrencies.
    • Many other cryptos like BTC, ADA, DOGE, SHIB are also seeing value hikes.

Ripple (XRP) is one of the high-value cryptocurrencies that showed top gains in the last 24 hours. In fact, XRP price has now recorded a 28.2% surge, according to CoiNGecko. At the time of writing, XRP price is at $0.77 with a market capitalization of over $37.2 billion.

Today, XRP opened at a value of $0.6 and continues to grow ahead in an upward trend.

XRP/USDT 1-day chart (source: TradingView)

In the past two weeks, XRP reflected a consolidated value, which later halted as the real value kept rising till today. A further increase might happen in the coming days, alongside other major cryptocurrencies.

Earlier this month, XRP was only trading sideways at around $0.60, which indicated a chance for a drop-down below $0.54. Instead, as of today, the value has risen to reach as high as $0.78.

The crypto market surge today has brought many other cryptos like SHIB, BTC, ADA, DOGE to the forefront of the market. Other than these, many other cryptos are making a fruitful stage for crypto users to deploy their assets and cultivate what they need.

Meanwhile, as part of the company’s 2022 plans, Ripple CEO Brad Garlinghouse recently tweeted that the company has taken back its Series C shares. This was once sold to investors in 2019 at a $15 billion valuation.

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