Why Is The Ripple (XRP) Price Down Today? Experts Back 3 Altcoins Exploding Against The Downtrend
The post Why Is The Ripple (XRP) Price Down Today? Experts Back 3 Altcoins Exploding Against The Downtrend appeared on BitcoinEthereumNews.com.
Ripple’s XRP has come under renewed selling pressure, mirroring the cautious sentiment across major altcoins. Traders are rotating capitals into tokens with stronger momentum or clear fundamentals, which is why the price has gone down in the short term. Despite the dip, experts believe that while some assets pause, others—like ZEC, ICP, and Remittix—are breaking higher. Remittix (RTX), a fast-rising PayFi project, has drawn attention for maintaining growth during broader weakness, emphasizing how investor capital is now flowing toward utility-based ecosystems rather than speculative price action. XRP Price Faces Mild Pressure As Rotation Continues The XRP price stands at $2.20, with a market capitalization of $131.11 billion and a trading volume of $5.31 billion, down 7.25% over the last day. This token, which had been strong of late, appears to undergo profit-taking now as cash flow shifts to newer projects that have been performing well of late. XRP still maintains one of the deepest liquidity pools in the altcoin market, which has been helping to cushion larger downside moves. Not all altcoins are moving slowly, however. Zcash is up 18.3% in 24 hours, selling at $683.06 and boosting its market capitalization to $10.53 billion. The trading volume of the token increased 42.24%. Internet Computer is also up 10.61% to $7.791, which gives it a market cap of $3.99 billion. The network is getting busier again, and investors are interested in blockchain platforms that are useful. Its daily volume hit $1.41 billion. Utility-Led Projects Like Remittix Defy Market Pressure While XRP consolidates, Remittix continues to build momentum in the crypto payments space. Priced at $0.1166 per token, the Remittix DeFi project has raised over $28 million through private funding, with more than 684 million tokens distributed. Its mission is to create a seamless crypto-to-fiat bridge that allows users to send crypto…
Filed under: News - @ November 8, 2025 5:31 am