Very little is happening in the world of cryptocurrency right now, as most currencies are suffering from a temporary downturn. There is one exception when it comes to the top currencies, though, as Ripple is effectively bucking the trend in this regard.
It is the only currency to note any major gains right now, as the XRP price has increased by 9.1% over the past 24 hours. Quite spectacular, to say the least.
When it comes to Ripple and their XRP asset, the opinions among cryptocurrency enthusiasts have always been divided, to say the least. A lot of cryptocurrency users feel there is no place for XRP in the cryptocurrency world, although that is not entirely surprising.
It is also important to note Ripple has never mentioned its asset is a cryptocurrency, as it is a digital asset which does not compete or is in the same league as Bitcoin, Ethereum, or any others.