A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP’s trading volume plummeted to levels not seen in the past six years, a development that has raised eyebrows among crypto enthusiasts. On this day, December 21st, #XRP : pic.twitter.com/ptHRTpkEeE — WrathofKahneman (@WKahneman) December 22, 2023 Just XRP Or Industry-Wide Slump In Trade Volumes? Reputed lawyer and XRP advocate, Bill Morgan, took to X (formerly Twitter) to shed light on this concerning trend highlighted by WrathKahneman. According to WrathKahneman, the trading volume of XRP on December 21 stood at approximately 1.9 billion, a stark contrast to the $2.4 billion witnessed in 2022 and drastically lower than $19.3 billion recorded in 2020. What is most interesting or concerning about those figures is the daily XRP volume is lower on this day for this year and not this day in any of the previous 6 years. https://t.co/oQpr7avC54 — bill morgan (@Belisarius2020) December 22, 2023 This decline has sparked a debate over the implications for the token’s market dynamics and investor sentiment. While the decline ..
Support the originator by clicking the read the rest link below.
