Ripple (XRP) has risen above $ 2 for the first time in history, rising again by 38% today.
The token used for San Francisco's RippleNet cryptography network is up to $ 2.07, almost twice the price listed last week. According to the price analysis, it was found that there was no transaction for a long time in the market which was kept fixed at 0.20 $ within the last 6 months.
As a result, according to CoinMarkerCap data, the market value of XRP has now caught up with ethereal and bitcoin. XRP now has a positive value of $ 80 billion on the market with its third-largest encryption ratio.
It was stated that it showed an increase of 22.13% within the last 6 hours. Moreover, it is observed that within 24 hours, the global trading volume of XRP mostly comes from South Koore Central Exchange.
According to CoinMarketCap data, 3 South Korean Stock Exchange, Bithumb, Coinone and Korbit account for 31.5%, 7.3% and 2.07% of worldwide XRP trade respectively. It is observed that more than half of the trade activities in these stock exchanges concentrate on XRP.
Price analysis follows the newly published policy, which prohibits the South Korean government from allowing crypto money exchanges to be anonymous accounts. The market in the country is taking action to stop the speculation.