The world of cryptocurrencies has been an ever expanding space since the first crypto, Bitcoin, hit the market almost a...
JoinedAugust 31, 2018
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Although it’s still early to expressly define the extent to which the blockchain technology has affected the world and the financial sector in particular, it’s easy to recognize some of the changes underway.
This continuous expansion of RippleNet, coupled with rumors of a new crypto product due for release soon, could be the reason behind the XRP’s price bounce. Also, the buzz created by those rumors on social media adds to the effect. The product in question is xRapid, a kind of successor to xCurrent.
in the crypto world, an influx of tokens released into the market might upset the market value of the particular cryptocurrency unfavorably. In the case of Ethereum (ETH), the price dip was largely as a result of big ICOs dumping their ETH holdings into the market to fund their business ventures.