$69,037.00
7.60%$2,110.33
13.48%$1.72
38.98%$1.48
9.34%$635.84
8.50%$1.00
-0.01%$90.29
14.69%$0.286258
0.98%$0.1055
14.62%$1.034
0.54%$0.309736
19.16%$51.51
7.01%$512.71
5.66%$1.00
0.01%$8.76
2.62%$28.74
5.67%$9.52
15.86%$0.168632
5.19%$342.79
4.90%$0.999974
0.06%$0.168873
12.22%$1.00
0.01%$0.00966957
3.00%$0.105052
9.68%$58.28
13.29%$257.34
5.14%$9.71
16.64%$0.999868
-0.10%$1.011
17.20%$0.00000648
9.23%$0.079925
7.70%$0.118618
7.34%$1.33
1.58%$5,147.08
0.35%$4.24
26.68%$5,181.06
0.32%$1.34
-5.66%$0.634082
7.28%$1.00
0.00%$122.67
8.09%$0.00000437
10.83%$187.17
11.01%$0.726109
4.06%$0.99745
-0.02%$79.16
7.06%$0.071137
8.06%$1.00
0.02%$0.171777
6.02%$1.12
0.00%$2.27
3.21%$1.22
25.34%$1.00
0.01%$0.00000165
0.71%$9.58
14.47%$0.289323
16.90%$2.49
17.64%$0.999579
-0.03%$0.1172
3.17%$0.424051
12.37%$9.00
8.11%$11.00
0.01%$0.00194384
13.51%$7.27
6.70%$0.061356
7.41%$2.00
-0.04%$66.72
7.16%$0.01762662
10.18%$0.114119
16.02%$0.892059
8.62%$0.03201886
9.40%$0.094619
12.43%$3.61
7.28%$0.00988249
8.37%$0.99921
-0.10%$1.09
23.12%$1.033
24.99%$1.54
13.19%$1.24
0.30%$0.755173
-6.55%$114.41
0.01%$1.00
0.03%$1.027
0.00%$0.0081921
14.78%$0.03499051
4.80%$1.84
8.94%$1.11
0.36%$0.081512
1.66%$0.104955
13.09%$0.00000678
17.53%$0.03193928
11.14%$1.096
0.01%$0.997372
-0.08%$0.166549
15.26%$1.00
0.01%$0.01296177
3.38%$0.274878
14.82%$28.99
3.06%$0.999389
-0.02%$0.073133
11.15%$0.273014
6.50%$0.00764607
18.84%$0.720077
19.52%$1.087
0.12%$1.18
0.28%$1.00
0.01%$35.75
9.30%$1.35
12.71%$0.406867
10.52%$0.540497
7.57%$166.92
0.60%$0.04474707
-2.71%$0.174357
13.94%$0.263023
17.30%$1.001
0.05%$1.097
7.12%$1.50
4.71%$0.085861
10.14%$0.03592361
7.30%$134.38
11.91%$0.99984
-0.00%$0.376148
16.63%$1.019
-0.11%$0.00000034
4.79%$16.81
8.83%$3.36
6.97%$0.00000033
0.70%$0.056674
6.74%$0.056259
11.19%$1.59
7.24%$0.364302
21.79%$0.01653391
0.63%$0.073381
11.31%$0.338003
16.31%$3.21
1.56%$0.02897312
12.73%$0.00003195
14.28%$0.00604636
8.62%$0.99759
0.10%$0.342434
14.23%$0.053731
11.20%$0.130452
10.33%$17.55
2.37%$0.994716
0.26%$0.236016
12.89%$0.077625
12.22%$1.44
-1.45%$0.0028064
11.34%$6.93
15.17%$1.60
-2.01%$0.04616539
10.20%$0.110814
26.34%$0.135515
-4.27%$0.092661
17.78%$0.00249367
0.22%$0.331156
2.36%$0.02231323
10.22%$1.40
11.93%$0.997757
-0.38%$0.226968
15.62%$1.79
5.89%$0.00224211
4.19%$0.999999
0.00%$0.525351
5.64%$1.32
11.50%$0.985928
-0.27%$0.999741
-0.02%$1.075
0.01%$22.79
0.00%$0.207276
13.61%$0.00003761
7.75%$0.099041
0.70%$2.88
10.43%$0.00000096
0.61%$0.103638
15.64%$0.952621
21.20%$5,214.14
-5.16%$0.00411501
16.73%$0.054032
4.52%$0.194378
13.64%$0.196917
2.64%$0.00514375
8.36%$0.127354
9.35%$0.02055638
6.75%$1.00
0.00%$0.080507
0.67%$4.21
14.85%$19.11
7.48%$0.833515
7.79%$2.00
14.81%$1.00
0.00%$0.66049
12.75%$0.176077
17.74%$8.97
-2.49%$0.055705
10.40%$2.20
12.57%$0.998915
-0.21%$2.12
1.61%$0.02334671
1.53%$0.044399
12.84%$1.82
1.51%$0.00000818
9.38%$48.01
0.03%$0.01975645
-1.25%$3.43
1.83%$0.156253
6.43%$1.26
0.68%$0.180944
13.72%$0.340307
12.21%$0.94761
-4.75%$0.997341
-0.43%$0.425972
9.73%$0.99921
0.07%$1.013
-0.03%$0.668945
5.09%$0.30779
0.48%$4.76
11.38%$0.098855
13.18%$0.085015
9.41%$0.270192
7.81%$0.626663
4.37%$0.13381
6.93%$0.0831
14.15%$0.02337412
-6.61%$0.301414
8.01%$0.131512
5.68%$1,096.52
-0.12%$0.377923
3.41%$0.260226
5.67%$0.00152906
5.25%$0.073478
-1.19%$0.00415798
5.82%$0.313488
-1.01%$0.225378
4.27%$11.24
2.45%$1.92
2.98%$0.995573
0.01%$0.130108
-0.28%$2.47
9.38%$0.204352
7.52%$1.001
0.00%$0.343793
4.41%$1.46
1.49%$12.06
3.30%$0.993821
-3.69%$1.00
0.01%$1.062
-0.05%$0.999473
-0.06%$0.113872
11.68%
XRP and Ethereum Classic both blew up 10% today, despite a 0.52% drop in the global market capitalization of cryptocurrencies.
XRP commands $59.13 billion of crypto’s $2.10 trillion global market cap, making it the seventh-largest cryptocurrency, according to data aggregator Nomics. It trades at a price of $1.27, having blown up 10.19% overnight. It peaked at $1.32 on Sunday, its highest price since May.
XRP’s rally has been building momentum over the last few days. On Friday it posted a 6% increase and by Saturday morning it had made overnight gains of 11.38%.
XRP progenitor Ripple Labs has been locked in a courtroom wrangle against the U.S. Securities and Exchange Commission since December 22. The SEC alleges that Ripple Labs has been selling XRP in unregistered securities sales. Ripple argues that XRP isn't a security.
Ethereum Classic also grew in value by 10.41% overnight. The Ethereum fork, which was launched in 2016, currently trades at a price of $70.39.
Ethereum Classic maintains an unedited history of the original Ethereum ledger. It diverged from Ethereum after the first DAO hack.
DAO stands for ‘decentralized autonomous organization’; each DAO uses smart contracts to mimic the governance of a shareholder-run company.
In June 2016, security flaws in the original DAO were exploited by attackers in a heist that cost the network $55 million. The Ethereum network decided to remove the offending transactions but the Ethereum Classic network kept them on the ledger.
Ethereum isn’t sharing in the fortunes of its less illustrious relative today. The second-largest cryptocurrency by market capitalization fell 2.96% in the past 24 hours to trade at $3,152.
Meanwhile little has changed for the world’s largest cryptocurrency. Bitcoin continues to trade just under $46,000. The slight market downturn only managed to shave off 1.72% of its value.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
