Over the past 24 hours, the XRP/USD price of XRP decreased by 3.03% to $0.51. It continued its negative trend over the past week, experiencing a loss of 6.0%, moving from $0.55 to the current price.
The chart below compares the price change and volatility of XRP over the past 24 hours (left) and the price change over the past week (right). The gray bands are Bollinger Bands, which measure the volatility of both daily and weekly price changes. The wider the band, or the greater the gray area at any given moment, the greater the volatility.
The coin’s trading volume has decreased by 6.0% over the past week, which is in the opposite direction as the coin’s overall circulating supply has increased by 1.01%. This brings the circulating supply to 56.76 billion units, accounting for an estimated 56.76% of the maximum supply of 100 billion units. According to our data, XRP’s current market capitalization ranking is #7 with $29.28 billion.
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