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$3,950,000,000 XRP in 24 Hours, Big Twist in Futures Market
U.Today – Ripple’s flagship token, XRP, has recorded an astonishing surge of $3,950 million in the futures market within a staggering 24 hours. This unprecedented development may have sparked a fresh wave of optimism and enthusiasm in the cryptocurrency community.
As per CoinGlass data, it appears that investors have reawakened their interest in the asset, with over 1.8 billion XRP wagered on the futures market within this time frame. This sudden uptick has led to an increase of 0.92% in open interest.
XRP’s recent milestone represents a significant bullish twist, as it paves the way for further price appreciation. Notably, its price recently surged by 0.8%, reaching $2.17 at press time.
Market observers consider this surge as a catalyst for the asset to potentially continue an upward trajectory, given that the trading volume remains in the red zone, down by 26.84% within 24 hours.
Source: u.today
