Well, that didn’t last long. After yesterday’s high today’s prices for Ripple (available on Binance) (XRP) and Stellar (XLM) feel especially difficult. Both coins are down and the drops may not be done yet.
Ripple (available on Binance) (XRP)
Already, Ripple (available on Binance) has dropped below the $1.00 line. XRP is currently selling at $0.933766, putting the coin down 10.59% in the past 24 hours – quite the difference from yesterday.
Source: CoinMarketCapRipple (available on Binance)’s price has steadied out a bit, but at the moment it does look like it’s set to drop a little more.
In case you’re not aware, much of the hype inflating Ripple (available on Binance)’s price yesterday had to do with the rumors that Coinbase might be adding XRP to its exchange.
Just like the last time, these rumors have now been squashed by Coinbase.
Coinbase tweeted out “Our January 4th, 2018 statement continues to stand: we have made no decision to add additional assets to either GDAX or Coinbase. Any statement to the contrary is untrue and not authorized by the company.”
Source: TwitterIn addition to the tweet, Coinbase attached its prior tweet from January 4th, on its process for adding new assets:
Source: TwitterSo it looks like Ripple (available on Binance) fans are going to have to wait a little longer before XRP joins forces with Coinbase. The next time the rumours start flying, I’d hold off until confirmation comes.
Despite the many fluctuations of XRP price in the recent weeks, Ripple (available on Binance) is still holding sTron (available on Binance)g as the 3rd largest cryptocurrency with a current market cap of $36.5 billion.