Ripple\u2019s native token was a little late to the ongoing bull party but managed to chart some gains earlier this week and reached a multi-month peak of $0.74.<\/p>\n
It has lost some traction since then, alongside the rest of the market, but it still has a chance to overcome its 2024 high and here\u2019s how, according to Santiment.<\/p>\n
<\/a>XRPUSD. Source: TradingView<\/p>\n XRP lost<\/a> its spot as the sixth-largest cryptocurrency to Dogecoin last week and has remained far away from getting a chance to retrieve it. Currently, the meme coin has a market cap of $57 billion, while Ripple\u2019s token stands at $39 billion.<\/p>\n Even the rally that occurred a few days ago and pushed<\/a> XRP to $0.74 didn\u2019t close the gap sufficiently. However, it managed to attract the crowd, according to the market analytics company, Santiment.<\/p>\n It reported recently that over 4% of all cryptocurrency discussions on social media have focused on Ripple after the Tuesday price surge. As such, XRP has become the talk of the town once again but it needs more to surpass this peak.<\/p>\n Santiment noted that the FOMO needs to stay \u201cat bay,\u201d with traders continuing to talk about XRP and, most importantly, allocate funds to it.<\/p>\n Additionally, the tweet mentioned the funding rates on larger crypto exchanges like Binance as they should not get \u201ctoo weighed down by long,\u201d which could halt XRP\u2019s rally.<\/p>\n The XRP community has erupted with excitement and discussions related to crypto\u2019s #7 market cap. Over 4% of all coin discussions are related to XRP following a +45% breakout over an 8-day span.<\/p>\n Surpassing $0.74, its year-high back in March, will largely depend on FOMO staying\u2026 pic.twitter.com\/IubbdmJY8n<\/a><\/p>\n \u2014 Santiment (@santimentfeed) November 13, 2024<\/a><\/p>\n\n Although it has a big and engaged community, XRP has lost a lot of momentum due to the ongoing meme coin craze. Numerous such altcoins have recorded double and even triple-digit price surges at times.<\/p>\n With assets like DOGE soaring<\/a> by 150% within a week, PEPE charting<\/a> a fresh all-time high, and PNUT<\/a> attracting a $2 billion market cap within days, it\u2019s expected that retail traders will focus more on those rather than less fluctuating alternatives like XRP.<\/p>\n The post This Is How Ripple (XRP) Can Surpass its Yearly High of $0.74<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple\u2019s native token was a little late to the ongoing bull party but managed to chart some gains earlier this week and reached a multi-month peak of $0.74. It has lost some traction since then, alongside the rest of the market, but it still has a chance to overcome its 2024 high and here\u2019s how, […]<\/p>\n","protected":false},"author":0,"featured_media":20393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20392"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20392"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20393"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>XRPUSD. Source: TradingView<\/p>\nXRP lost<\/a> its spot as the sixth-largest cryptocurrency to Dogecoin last week and has remained far away from getting a chance to retrieve it. Currently, the meme coin has a market cap of $57 billion, while Ripple\u2019s token stands at $39 billion.<\/p>\nEven the rally that occurred a few days ago and pushed<\/a> XRP to $0.74 didn\u2019t close the gap sufficiently. However, it managed to attract the crowd, according to the market analytics company, Santiment.<\/p>\nIt reported recently that over 4% of all cryptocurrency discussions on social media have focused on Ripple after the Tuesday price surge. As such, XRP has become the talk of the town once again but it needs more to surpass this peak.<\/p>\nSantiment noted that the FOMO needs to stay \u201cat bay,\u201d with traders continuing to talk about XRP and, most importantly, allocate funds to it.<\/p>\nAdditionally, the tweet mentioned the funding rates on larger crypto exchanges like Binance as they should not get \u201ctoo weighed down by long,\u201d which could halt XRP\u2019s rally.<\/p>\nThe XRP community has erupted with excitement and discussions related to crypto\u2019s #7 market cap. Over 4% of all coin discussions are related to XRP following a +45% breakout over an 8-day span.<\/p>\nSurpassing $0.74, its year-high back in March, will largely depend on FOMO staying\u2026 pic.twitter.com\/IubbdmJY8n<\/a><\/p>\n\u2014 Santiment (@santimentfeed) November 13, 2024<\/a><\/p>\n\nAlthough it has a big and engaged community, XRP has lost a lot of momentum due to the ongoing meme coin craze. Numerous such altcoins have recorded double and even triple-digit price surges at times.<\/p>\nWith assets like DOGE soaring<\/a> by 150% within a week, PEPE charting<\/a> a fresh all-time high, and PNUT<\/a> attracting a $2 billion market cap within days, it\u2019s expected that retail traders will focus more on those rather than less fluctuating alternatives like XRP.<\/p>\nThe post This Is How Ripple (XRP) Can Surpass its Yearly High of $0.74<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple\u2019s native token was a little late to the ongoing bull party but managed to chart some gains earlier this week and reached a multi-month peak of $0.74. It has lost some traction since then, alongside the rest of the market, but it still has a chance to overcome its 2024 high and here\u2019s how, […]<\/p>\n","protected":false},"author":0,"featured_media":20393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20392"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20392"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20393"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/XRPUSD-1.png\"){kind=link}