Cryptomarket saw a voluminous crash on November 15, billions of dollars were erased from the market capitalization.
Some currencies have recovered the loss partially. Some are still smoking. A few have broken even. XRP stands out in the survivors.
The currency has done quite well for itself in the 3 days since the crash. It broke even, surpassing the pre-November-15th USD price.
XRP has been holding the number two spot for days now and the gap between it and Ethereum, the third in the race, is widening. Currently, the gap is $2 billion.
All other Top 10 currencies are still licking their wounds and ruffling their feathers for a bull run to compensate the losses of this week’s horror episode.
Like all other cashes and surges, we don’t know what’s causing this pump.
Critics and enthusiasts are trying their best to come up with a story that fits but we all know that it’s not in the mood of cryptocurrencies to be judged.
Fun fact: XRP’s USD price on this day last year was $0.22. At the time of writing, 0.51. More than double.