TL;DR
- XRP hit a three-month high above $0.71, sparking predictions of an ongoing rally, although a glitch temporarily showed it at an all-time high of $247 on Crypto.com.
- The token’s market capitalization has soared to around $37.8 billion, surpassing Binance Coin (BNB) to become the fourth-largest cryptocurrency.
- Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) continue to hold the top three positions by market capitalization.
The price of XRP is a topic that intrigues many cryptocurrency participants. It recently hit a new three-month high of over $0.71 (according to CoinGecko data), with some analysts even predicting another rally in the near future.
Several X (Twitter) users have shared over the past few hours that XRP has exploded to an all-time high of $247. The surprising target would have been observed on the Crypto.com application.
However, this appears to be a problem because XRP actually matches the valuation of Binance Coin (BNB), which trades at this level.
Although still far from this astonishing mark, the XRP army had serious reasons to rejoice as its favorite coin became the fourth largest in the entire kingdom.
As CryptoPotato reportedthe asset’s market capitalization jumped to around $37.8 billion, surpassing BNB, which remained in fifth position with $37.7 billion.
BTC (around $685 billion), ETH ($228 billion), and USDT ($85.5 billion) take the top three spots.
Those who want to check whether XRP has a chance to rise even further in the remaining months of the year can take a look at the video below:
