How XRP Defined the Market Dip By DailyCoin – Investing.com
- Date: 24-May-2021
- Source: Investing.com
- Sector:Technology
- Country:Egypt
How XRP Defined the Market Dip By DailyCoin – Investing.com
, the San-Francisco-based company inked a partnership with the National Bank of Egypt, one which the company announced on Wednesday. That being the case, everyone was excited about the future as well as the success of the XRP Token.
Unfortunately for everyone, XRP fell from its recent high of $1.70 all the way down to $0.68 on Sunday, May the 23rd, which led to a decrease of 60% in value. The coin trades at around $0.88 at the time of publishing.
This is a short-term market dip and is a clear showcase of how volatile the cryptocurrency market can actually be.
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