Altcoin Winter Incoming? XRP Holders Disappointed at Price Drop While INTL Surges 30% in 24 Hours
The post Altcoin Winter Incoming? XRP Holders Disappointed at Price Drop While INTL Surges 30% in 24 Hours appeared on BitcoinEthereumNews.com.
The cryptocurrency market is a volatile beast. Ripple (XRP) and IntelMarkets (INTL) have been recently in the spotlight for their respective veteran status and potential for transformative growth. Not only that, but INTL has spiked by 30% in just 24 hours, a seismic shift in investor sentiment, as Ripple holders continue to be on the losing end of things of the decreasing XRP price. XRP Price: Struggles Amid Market Pressure The reputation of XRP, the digital currency built by Ripple Labs, revolves around its ability to handle cross-border transactions. Once considered a game changer in cross-border payments, the XRP price has had its ups and downs. Many investors remember when Ripple reached its all-time high of $3.84 in December 2017, which was fueled by a bullish market. However, in the next few years, the XRP price was shaky as Ripple faced regulatory challenges. Fast forward to 2025, XRP prices are still turbulent. Still, Ripple trades at around $2.33 per coin, marking a long way off compared to its historical peaks. This week, XRP prices fell by almost 5% and disappointed investors expecting a better recovery. Its performance is also hindered as the ongoing legal battle between Ripple and the US SEC does cast a shadow over its performance, hindering its growth potential and fuelling uncertainty around the XRP ETF. Some experts expect XRP prices to rise to as much as $6 by the end of the year. IntelMarkets (INTL): A New Era of Crypto Trading Ripple’s history illustrates why it was challenging for established cryptocurrencies, but IntelMarkets (INTL) is a symbol of innovation and growth. INTL is a newcomer to the market and has quickly staked out its place as being one of the most visionary approaches to trading available. IntelMarkets is integrating artificial intelligence (AI) with blockchain and decentralized…
Filed under: News - @ January 12, 2025 8:14 pm