After a rough start to the week, crypto markets are in the green today. Ripple (available on Binance) (XRP) and Stellar (XLM) have long been competitive and today their growth is pretty close. Which coin will win the race and experience the greatest growth for the day?
On Monday, China announced that it would be blocking all websites related to cryptocurrencies. Many coins suffered as a result; all top ten coins were down that day, including Ripple (available on Binance) and Stellar. The markets were quick to rebound, however, and already by Tuesday, things were looking up. The good news is being carried into today, with every coin in the top 100 trading up at the time of writing.
XRP still holds the third place ranking for largest cryptocurrency by market cap. The coin is currently trading at $0.761108, meaning that it has increased by 7.76% in the past 24 hours.
Source: CoinMarketCapRipple (available on Binance) has been a bit all over the place today, as can be seen from the chart above. It started this morning looking like it might trade down, but this ended up not being the case, for now at least.