The price of XRP has been seen to drop to $0.4997, marking a 4. It has reduced by 60% within the last 24 hours. However, the trading volume of the coin has increased to $2. 3 billion, reflecting high levels of trader participation. Currently, XRP is in seventh position with a market cap of $27 million.
In the last week, it has shed 3% of its value and is trading in a narrow range as investors try to gauge its future. At the same time, some investors are turning their attention to 5thScape and its propositions. Thus, XRP is looking to bounce back to $0.6, and the market environment changes, affecting investors’ decisions.
XRP Prices Leave Investors Disappointed, Attention Shifts to this VR Platform
Ripple faced a tough time from the Securities and Exchange Commission due to a lawsuit that temporarily put a pause on its investments. It was expected that the XRP token’s pricing would go for a bull run once Ripple is cleared of the lawsuit. However, investors were disappointed, as XRP could not pick up momentum.
Many crypto investors are waiting for its price to touch the $0.6 mark, but the current market trend shows no positive sign.
Due to the same reason many tech-savvy investors are now turning toward a new investment opportunity which has been making headlines since its announcement. It is none other than the 5thScape platform which has been going viral not just in the blockchain space but in the entertainment world as well.