ChainCatcher message, according to Gate market data, XRP/USDT is currently quoted at $1.999, a 24-hour decrease of 3.15%.
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Related Articles
Ripple Set to Buy Back $750M in Shares Despite XRP Price Decline
Ripple plans to buy back up to $750 million in shares from investors and employees by the end of next month, insiders have revealed.
The buybacks would value the company at $50 billion, and come six months after a similar plan to buy back $1 billion in shares from employees failed.
Ripple
CryptoNewsFlash14m ago
XRP Price Breaks Through Key Resistance Level to $1.48, Trading Volume Surges Over 250%
On March 16, XRP price broke through the consolidation zone, rising rapidly from approximately $1.41 to $1.4798, with trading volume increasing over 250%. The current price is stabilizing above $1.4550, and technical analysis shows the next resistance level at $1.48 to $1.50. On-chain activity is also growing, indicating improved market sentiment and increased activity. Key support levels are at $1.43 to $1.44.
GateNews47m ago
XRP Trading Volumes Fall 58% in 24 Hours, Despite Which the Altcoin Price Continues to Rise
XRP trading volumes fall 58% in 24 hours.
Despite this, the altcoin price continues to rise at a steady pace.
This bodes well for the likelihood of a possible XRP pump.
The previous few days have led to what looks to be a steady recovery phase for the crypto market. Presently, the price
CryptoNewsLand50m ago
A Certain CEX's 24-Hour Trading Volume Reaches $1.369 Billion, XRP, BTC, ETH Rank in Top Three
According to CoinGecko data, on March 16, a certain CEX's trading volume reached $1.369 billion, up 72.28% from the previous day. The top five tokens by trading volume are XRP, BTC, ETH, TRUMP, and DKA.
GateNews1h ago
Former Ripple CTO confirms that destroying escrowed XRP does not drive the price, with Ripple outperforming XLM in the market.
Ripple's Chief Technology Officer David Schwartz points out that burning escrowed XRP tokens would not significantly boost the price, and provides historical data of XLM burns as evidence. He emphasizes that market prices depend more on supply and demand dynamics and investor confidence, rather than mere token burning. This perspective may influence XRP community expectations, prompting attention to actual market demand.
GateNews1h ago
XRP Holders Demand Token Burn! David Schwartz: Stellar Precedent Shows It's Ineffective
XRP's weekly trading volume declined from $22.9 billion to $16.6 billion, indicating a notable decrease in market participation. The community has criticized Ripple's stock buyback program, arguing that escrow tokens should be burned to increase XRP's value. Ripple's Chief Technology Officer David Schwartz mentioned that supply reduction does not necessarily lead to price increases, citing Stellar's token burn as evidence supporting this viewpoint. Although there have been recent regulatory developments, XRP's market demand has yet to show significant improvement.
MarketWhisper1h ago
