Big news for Ripple (available on Binance) (XRP) and Stellar (XLM) is sending the coins’ prices up. As a result, Ripple (available on Binance) and Stellar currently have the largest percentage gains in the past 24 hours out of the top ten cryptocurrencies.
Ripple (available on Binance) (XRP)
Ripple (available on Binance) is currently selling for $1.05, putting the coin up 12.84% in the past 24 hours.
Source: CoinMarketCapAfter spending just over a week trading below $1.00, XRP has finally breached the $1.00 mark once more, to the relief of Ripple (available on Binance) investors everywhere. The coin’s growth does seem to be slowing down a bit now, however, bringing to light the question of Ripple (available on Binance)’s endurance. How long will Ripple (available on Binance)’s growth last?
What is causing XRP’s current growth? Crypto rumors are flying. The fuel behind the rumors is that Ripple (available on Binance) CEO Brad Garlinghouse will be making an appearance tomorrow on CNBC’s ‘Fast Money,’ along with Coinbase President and COO Asiff Hirji.
This has reignited the whisperings that Ripple (available on Binance) will soon be supported by Coinbase. If you’re experiencing deja vu, don’t worry – this isn’t the first time people have speculated this. The rumors of Ripple (available on Binance) joining Coinbase ended up being false last time – there’s no guarantee that the appearance by Garlinghouse and Hirji means an agreement has been formed between the Ripple (available on Binance) and Coinbase.
Neither Coinbase nor Ripple (available on Binance) has made any statement of confirmation up to this point. Investors will have to wait until tomorrow to find out the truth.
Ripple (available on Binance)’s growth is also being helped by major South Korean demand. XRP trading has surged on several top Asian exchanges, such as Bithumb. Are the Asian markets listening to the Coinbase rumours, or is somETHing else driving their trades?
If the Coinbase rumours turn out to be true, Ripple (available on Binance)’s price will likely take off from here. However, if false, the attention currently being paid to Ripple (available on Binance) might quickly fade away.