XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

XRP temporarily surged to $50 on crypto exchange Gemini, which rocketed the token's market capitalization to trillions of dollars if only for aPrices shot up to those levels for a few minutes at 20:30 pm UTC on Thursday before immediately reverting to parity with the spot markets on other exchanges.

The bump, which took a few seconds to correct, was likely a result of low liquidity in the hours following a token relisting on Gemini, during which a buyer may have placed an outsized market order – which was filled at an outrageously high price. As such, XRP traded at levels higher than the broader market for at least a few hours, price chat data shows.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

XRP and SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish SentimentXRP and SOL have led the gains in the crypto market, while RLB and UNIBOT tokens have surged due to separate catalysts. Trading volumes for rollbit tokens have grown by 500% following a revamped token buy-and-burn plan.
Fuente: CoinDesk - 🏆 291. / 63 Leer más »

Biggest Movers: LINK Retreats From 2-Week High, as XRP Drops 5% – Market Updates Bitcoin NewsChainlink declined from a recent two-week high on Thursday, as market uncertainty rose around the latest U.S. inflation report.
Fuente: BTCTN - 🏆 531. / 51 Leer más »