RATE Group | Ripple puts altcoins in the spotlight as NEO and Dash catch the pace
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Ripple puts altcoins in the spotlight as NEO and Dash catch the pace

Ripple puts altcoins in the spotlight as NEO and Dash catch the pace

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  • Ripple price has the ingredients for a sole rally likely to break above $0.30.
  • NEO and Dash react in tandem with Ripple as Bitcoin’s dominance in the market falters.

The cryptocurrency market is relatively in the green, however, some digital assets are performing better than the others. For example, Ripple is trading 10% higher in a 24-hour period. On a daily basis, XRP is up 4.44%. Bitcoin is trading subtly upwards and hovering around $9,200. Ethereum, on the other hand, has grown 1.4% higher on the day.

Ripple price spikes on new partnership news

Ripple is arguably the best-performing crypto on the market. The massive gains in a relatively bullish market are likely to have been a result of the partnership between a Nasdaq-listed international remittance company referred to as Money Express otherwise known as (Intermex).

Intermex is adopting Ripple’s On-Demand Liquidity (ODL) solution which utilizes XRP for cross-border transfers. The announcement was…

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