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XRP spikes amid Coinbase listing surmise and xRapid launch confirmation

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While the whole market is quiet, XRP is riding the wave at the moment, again, and things are beginning to look good for Ripple. XRP was trading just above $0.20 price range earlier this month, but it hiked to nearly $0.80. Following the series of announcements surrounding the launch of xRapid confirmation, XRP surged by 7.16% in the last 24 hours.

It is also important to know that there were series of hikes which resulted in a boost on Ripple’s market cap, thus, surpassing Ethereum’s for a couple of times this month. We should recall that the price of XRP had been staggering at the beginning of September before being at a price correction of $0.57.

XRP also saw some surges in the first two weeks of this month, but it still traded at the same momentum ($0.57) till the end of last week. The cryptocurrency further dipped to $0.44 on Tuesday this week (September, 25th) and surged to $0.54 on the same day at the back of Ripple’s announcements.

xRapid, A Good News for Ripple’s XRP

The status of XRP has increased as a result of the news and hype around the launch of xRapid. It is also necessary to know that other factors have made the price of XRP surge: recent partnerships and the long-term success of Ripple.

Moreover, the actual date of the launch of xRapid hasn’t been released yet, but there is a high probability that an official date of the commencement will be revealed very soon – probably before the end of next month.

xRapid, which is one of Ripple’s product will help to boost the financial liquidity of cross-border payments. It is also expected that xRapid will help in making border payments easier, cheaper, and faster.

Nonetheless, Ripple’s head of Regulatory Relations earlier stated during an interview with CNBC that xRapid will be launched in a months’ time. Ever since his announcement was made on CNBC, it has created FOMO (Fear of Missing out) among investors in the crypto market.

Additionally, things may have turned right for Ripple after Coinbase recently proclaimed its aim to list top altcoins to its platform. We do know that Coinbase is one of the biggest crypto-exchanges in the world. Coinbase hasn’t been kind to Ripple in the past as the exchange stated that despite Ripple is one of the largest cryptocurrency in the market, it is never going to list Ripple (XRP).

Notable personalities such as Brad Armstrong have earlier stated that it is not possible to list a cryptocurrency under the radar of SEC (Security Exchange Commission). However, Coinbase potentially changing its mind to add Ripple (XRP) is big news that will improve customers’ experience. It will also allow investors from different places around the world to access Ripple and its services.

The speculation that Coinbase might turn friendly to Ripple has also made the price of XRP surge. At the time of writing, XRP has a market capitalization $22.9 billion. It is currently in the green rising more than 20% in the last three days from Thursday this week. Another thing worth noting is, Ethereum’s current market cap is $23.7 billion, so there is a high possibility that XRP will overthrow Ethereum’s position and stay there for a very long period.

That all said, the crypto market is volatile, and it is expected that we see regular dips and surges. Hence, both Ethereum and Ripple’s XRP might keep changing positions; it is likely that we could see a surprising change in the coming weeks.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Chris Barbalis on Unsplash

Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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