Post
Topic
Board Altcoin Discussion
Re: XRP is the Worst-Performing Major Crypto of 2019
by
949miner
on 25/04/2019, 23:01:48 UTC
Ripple’s XRP is having a disastrous start to 2019. In a year when bitcoin is storming back towards bull territory, XRP has crashed 16 percent. The third-largest cryptocurrency is now the worst-performing digital asset in the top ten.

Ripple’s woes worsened in yesterday’s trading session as XRP’s value dropped 7 percent, plunging below the key $0.30 mark. XRP is consistently underperforming bitcoin and the broader cryptocurrency market.

The market value of a particular crypto coin is not really used to determine the performance of the coin on the crypto market. The market cap and volume within 24hrs is the best way to analyze how well the coin is doing on the market. The market volume of Ripple within 24hrs does not tell that Ripple is under performing on the market. The fluctuations in its market value is basically due to the current nature of the crypto market and the crypto ecosystem...