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XRP Price Jumps Even as 6.05 Billion Coins Enter Exchanges – Will the $1.28 Support Hold?

By Muthoni Mary

Ripple (XRP) was the second-biggest gainer among the top ten biggest cryptos by market cap at the time of writing. The gains come despite a surge in exchange inflows and reduced interest from whale addresses. Meanwhile, XRP ETFs have recorded zero inflows in a week. Despite the fading demand, XRP price is defending…

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Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

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Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

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