Ripple prices have surged in the last few days, building upon their recent gains to rally more than 90% over the last 24 hours.
The price of XRP tokens has climbed to as much as $0.8661, according to CoinMarketCap.
By reaching this level, the digital currency has risen roughly 91.9% in the space of 24 hours and upwards of 300% from the weekly low of $0.2222 it reached on December 8, additional CoinMarketCap figures show.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
Many of the major digital currencies - including Litecoin, Ether and Bitcoin - have generated compelling gains this year as the digital currency market surged higher.
However, Ripple's year-to-date (YTD) increase of more than 11,000% takes the cake.
As for what has caused Ripple's price to surge lately, analysts pointed to a few factors.
Ripple, also called the Bank coin, maybe is the crypto currency nearest to achieve a role in the society in my opinion, it's worth to buy some, and hold for a couple of years!
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I agree. This coin doesn't have an uphill battle like some of the other altcoins have as it doesn't threaten to upend the entire banking system.
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https://www.forbes.com/sites/cbovaird/2017/12/14/ripple-up-more-than-90-in-last-24-hours/
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