Криптовалюты33527
Капитал. рынка$ 3.47T+1.15%
Объём 24ч$ 57.96B+11.2%
ДоминацияBTC60.29%-0.66%ETH9.03%+2.86%
ETH Gas0.54 Gwei
Cryptorank

Ripple (XRP) Outshines ETH, DOGE, ADA in This Crucial Metric: Details


Jordan Lyanchev
для CryptoPotato
Ripple (XRP) Outshines ETH, DOGE, ADA in This Crucial Metric: Details

TL;DR

  • Ripple investors trail only those with BTC allocations in terms of total supply in profit, shows recent data from Santiment.
  • At the same time, XRP holders in the green are a lot more than investors in ETH, DOGE, ADA, and LINK.

XRP’s price has failed to produce any significant moves in the past week or so, and is even 5% down within this timeframe. It now sits close to a crucial support level ($2.3), which could lead to another retracement to $2 if it’s broken to the downside, according to analysts.

However, this dull price action hasn’t harmed XRP investors’ (paper) profits. Santiment reveals that those invested in the fourth-largest cryptocurrency are well in the green, with 98.3% of the total supply standing in profit.

This places XRP in a very high position according to this straightforward metric. The asset is second only to bitcoin, whose investors stand slightly higher at 98.4%. What’s particularly interesting is that BTC currently sits just inches away from its all-time high of last week (almost $112,000), and it’s expected that nearly all holders will be in the green.

However, the situation for XRP is a lot different since it is more than 30% away from its January 2018 peak of $3.4 (CoinGecko data).

Furthermore, XRP’s total supply in profit is well above some of the asset’s most notable competitors. The percentages for ETH, DOGE, ADA, and LINK are as follows: 71.5%, 77.9%, 71%, and 80.5%.

However, Santiment warned that when this metric is very high, as is the case with XRP and BTC, the “odds of profit-taking and a short-term pullbacks rise.”

In contrast, when holders are mostly at a loss, it “often indicates fear, undervaluation, and a potential opportunity to enter or add to a position before a price recovery.”

The post Ripple (XRP) Outshines ETH, DOGE, ADA in This Crucial Metric: Details appeared first on CryptoPotato.

Читать материал на CryptoPotato

Читать больше

Ripple Price at Pivotal Juncture: Dump Below $2 or Surge to $4.5 Next for XRP?

Ripple Price at Pivotal Juncture: Dump Below $2 or Surge to $4.5 Next for XRP?

XRP has slipped by over 8% in the past week.
Why Is Ripple’s (XRP) Price Stuck? ChatGPT Weighs In

Why Is Ripple’s (XRP) Price Stuck? ChatGPT Weighs In

XRP is down by over 6% in the past week.

Ripple (XRP) Outshines ETH, DOGE, ADA in This Crucial Metric: Details


Jordan Lyanchev
для CryptoPotato
Ripple (XRP) Outshines ETH, DOGE, ADA in This Crucial Metric: Details

TL;DR

  • Ripple investors trail only those with BTC allocations in terms of total supply in profit, shows recent data from Santiment.
  • At the same time, XRP holders in the green are a lot more than investors in ETH, DOGE, ADA, and LINK.

XRP’s price has failed to produce any significant moves in the past week or so, and is even 5% down within this timeframe. It now sits close to a crucial support level ($2.3), which could lead to another retracement to $2 if it’s broken to the downside, according to analysts.

However, this dull price action hasn’t harmed XRP investors’ (paper) profits. Santiment reveals that those invested in the fourth-largest cryptocurrency are well in the green, with 98.3% of the total supply standing in profit.

This places XRP in a very high position according to this straightforward metric. The asset is second only to bitcoin, whose investors stand slightly higher at 98.4%. What’s particularly interesting is that BTC currently sits just inches away from its all-time high of last week (almost $112,000), and it’s expected that nearly all holders will be in the green.

However, the situation for XRP is a lot different since it is more than 30% away from its January 2018 peak of $3.4 (CoinGecko data).

Furthermore, XRP’s total supply in profit is well above some of the asset’s most notable competitors. The percentages for ETH, DOGE, ADA, and LINK are as follows: 71.5%, 77.9%, 71%, and 80.5%.

However, Santiment warned that when this metric is very high, as is the case with XRP and BTC, the “odds of profit-taking and a short-term pullbacks rise.”

In contrast, when holders are mostly at a loss, it “often indicates fear, undervaluation, and a potential opportunity to enter or add to a position before a price recovery.”

The post Ripple (XRP) Outshines ETH, DOGE, ADA in This Crucial Metric: Details appeared first on CryptoPotato.

Читать материал на CryptoPotato

Читать больше

Ripple Price at Pivotal Juncture: Dump Below $2 or Surge to $4.5 Next for XRP?

Ripple Price at Pivotal Juncture: Dump Below $2 or Surge to $4.5 Next for XRP?

XRP has slipped by over 8% in the past week.
Why Is Ripple’s (XRP) Price Stuck? ChatGPT Weighs In

Why Is Ripple’s (XRP) Price Stuck? ChatGPT Weighs In

XRP is down by over 6% in the past week.