Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
moli1
on 14/01/2018, 12:37:30 UTC
The price of Ripple has had an interesting week.
Beginning the week trading at around US$3.21, XRP dropped excessively to US$1.62 by midweek.
XRP eventually rebounded towards the end of the week to show a degree of price stability trading at around US$2 (Right now At $1.84 CMC).
XRP’s market capitalisation was US$124.2 billion at the start of the week before peaking somewhere around US$134.3 billion.
In line with price differentials, XRP’s market cap plummeted during midweek trading as well, falling as low as US$62 billion.
XRP managed to reclaim some lost ground by the latter stages of the week, stabilising to show a market cap of between US$71 billion and US$80 billion.