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XRP Revisits $0.9 But Fails to Hold There

Wed, 08/11/2021 - 07:03
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Yuri Molchan
Ripple-affiliated XRP has touched the $0.9 level but did not stay there for long
XRP Revisits $0.9 But Fails to Hold There
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The sixth-largest digital currency, XRP, spiked above the $0.90 level a short while ago on the Bitstamp exchange, demonstrating more than six percent growth.

However, the coin was unable to fix there and went back down, trading at the $0.89 mark at press time.

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Image via TradingView

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Earlier, U.Today covered that the Ripple fintech giant that operates XRP had partnered with the leading remittance operator in South Korea—GME Remittance—via SBI Ripple Asia. The goal of the partnership is to set up speedy remittances to Thailand.

Now, the company has joined the RippleNet network that already has over 300 customers around the globe.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.