XRP Is This Week’s Least Loser: Has XRP Bottomed?
Cryptocurrency company Ripple’s token named XRP is in a separate position from other cryptocurrencies. XRP, which is managed within a company, provides services within a company, unlike Bitcoin and other cryptocurrencies. We should also reiterate that Ripple is the company name and XRP is the token of the Ripple company.
Ripple is a company focused on providing solutions to improve the service quality of traditional banks.
XRP, which has not been able to rise for a long time, disappointed its investors. However, it remains stable in the last few days of decline and appears as the crypto among the top 20 coins that lost the least value.
One of the Least Loss in the Last Week
In the last week, cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash have fallen by 12 to 15 percent, while XRP has remained stable and has fallen by only 4.5 percent.
XRP is much more than Bitcoin’s consecutive declines. After not being affected much, investors state that XRP has bottomed or is very close to the bottom.
XRP price, which is currently trading at $ 0.428, is at the lowest level of 2018. According to many investors and analysts, XRP is one of the most promising cryptocurrencies.