During the last 24 hours, Ripple has gained about 16% of the profit which is considered as one of the highest overnight increment. There is a reason behind why Ripple (XRP) got increment in last 24 hours? Well, there was a rumor that coinbase is going to add XRP in their collection and soon people will be able to deal in Ripple (XRP) through coinbase.
This rumor supported (XRP) and in just one night Ripple (XRP) got 16% gains which proved it’s volatile nature once again but it’s a great action too. Ripple (XRP) is known as third largest cryptocurrency asset.
When 2018 started, Ripple (XRP) was at the peak $3.84 and everyone was expecting that Ripple (XRP) will reach $50 in just one year. Unfortunately after a major crash in January Ripple (XRP) plunged below $1 and since then it’s still not able to stabilize itself. Ripple (XRP) recovered itself in the second week of February and broke the barrier of $1.
In the last week of February, cryptocurrency crashed and Ripple (XRP) plunged below $1. We can say that the rumor regarding coinbase and Ripple (XRP) gave benefit to Ripple’s value bar. It helps Ripple (XRP) today in climbing up.
The current value of Ripple (XRP) is $1.06 with 17% increment till now. The market cap of Ripple (XRP) which was at it’s lowest a few days ago is now hovering around $41,571,559,520 with volume in 24 hours $1,815,180,000. One more news is there for Ripple (XRP) followers is that in the program “Fast money” it is expected that Coinbase is going to add XRP and it will be an official announcement from the institution.
It has been also reported that coinbase is about to add 500 members to its staff which will start working right away. If coinbase is going to add Ripple (XRP) then the value will be totally changed.