RATE Group | Bitcoin Is Booming – Here Are 3 Reasons Why Ripple (XRP) Is Not
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Bitcoin Is Booming – Here Are 3 Reasons Why Ripple (XRP) Is Not

Bitcoin Is Booming – Here Are 3 Reasons Why Ripple (XRP) Is Not

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  • Bitcoin’s epic surge has lifted the entire crypto market, with one notable exception: ripple (XRP)
  • Ripple is barely treading water, while most of its peers are enjoying meteoric gains.
  • Crypto analysts say there are three reasons XRP is struggling.

It’s been quite a while since most cryptocurrencies posted tremendous gains. Major coins such as bitcoin, bitcoin cash, and bitcoin sv are up by over 15 percent.

Other coins in the top ten were not far behind, with litecoin and ethereum printing close to ten percent gains.

Big-name crypto assets are flexing significant gains, except for XRP. | Source: CoinMarketCap

The rising tide appears to be lifting all boats except for ripple (XRP). While almost every other cryptocurrency is going bananas, XRP is underperforming as it posts modest gains below three percent. This comes at a time when excitement for the annual Swell conference is building.

Is the third-largest cryptocurrency in trouble? Here are three reasons why “The…

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