XRP is back on a rise after a disappointing trading period recently recorded. Earlier today, the token regained some of its lost glory and hit $1.05 on some spot exchanges. However, XRP slid back down shortly after. At press time, the sixth-largest cryptocurrency in the sector is trading at $1.01 after an 11.10% gain over the last 24 hours. Over the past week, XRP has jumped 8.67%. The asset’s current market cap is $46.6 billion and has pulled in $6.04 billion (5.98 billion XRP) in its 24-hour trading volume.
Also, of the 10 largest assets in the crypto space, XRP is the only one with double-digit gains. Of the top 20, other assets that achieved the feat include Chainlink (LINK) with 14.10% and VeChain (VET) with 10.37%.
Currently trading at $37,135, Bitcoin has only climbed by 3.65% in the last 24 hours and has lost 3.65% in seven days. With its 42.4% dominance, Bitcoin’s market cap is $696.25 billion. Cardano (ADA) and BINANCE Coin (BNB) have climbed 7.01% and 6.55%, respectively, with ADA at $1.70 and BNB at $348.96.
It would seem that retail traders are still trying to take advantage of the dip. Analyst Lex Moskovski tweeted that the number of small USDT deposits on the Binance platform hit a new all-time high yesterday.
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