Most of the cryptocurrencies are performing really well for quite some time now, and this has been seen in XRP as well. XRP surges 10% in a single day and now reaches the $0.33548 level on November 21, 2020. It is reported that since August 1, this is the largest one-day percentage gain for XRP.
As XRP surges 10%, there is an upward push in its market cap as well. The market cap now sits at $15.10343 billion, and now it is 2.87% of the total crypto market cap. During the time, when XRP was at an all-time high, its market cap was at $20.48129 billion.
XRP Surges 10% Whilst Low From All-Time High
Over the past 24 hours, XRP has managed to stay between the $0.32957 to $0.33548 range. There has been a subsequent rise in its value over the past 7 days as it has gained a total of 26.2%. The number of traded XRP volumes over the past one day was $6.37654 billion, which is 4.23% of the total crypto volume. Although XRP surges 10% in a day, it is still down from its all-time high. Back on January 4, 2018, the price of XRP was at $3.29, which is 89.80% more than the present level.
Other Cryptocurrency Also Experiencing Surge
It is not only XRP that has seen such XRP surge as other cryptocurrencies are also experiencing some major surge. Bitcoin has seen an increase of 5.18% in a single day as its price now sits around $18,751. Ethereum, the second-largest cryptocurrency after Bitcoin, has also seen a surge of 8.63%, and it is currently trading at $515.82. This has also caused hype in their market cap as well. Eventually, Bitcoin is now having 65.95% of the total crypto market cap, whereas, Ethereum is having 11.15% of it.