Ripple’s XRP token price suddenly surged over 60%, breaking the $ 0.5 milestone.
The asset’s growth was accompanied by a surge in trading volumes.
XRP has returned to the fourth spot in cryptoasset market cap ratings, displacing Polkadot.
– KingJamesDHorrid (@KingJamesDHorid) January 30, 2021
“XRP uses the same rocket fuel that Dogecoin did yesterday,” wrote user KingJamesDHorrid.
Dogecoin, which he mentioned, grew by more than 400% on Friday, having briefly been in the top 10 cryptocurrencies by capitalization.
Earlier today, ForkLog reported that Ripple has filed a response to an SEC lawsuit alleging that the unregistered securities allegations are based on “unprecedented and ill-conceived legal theory.”
Subscribe to the ForkLog YouTube channel!
Found a mistake in the text? Select it and press CTRL + ENTER