From Adoption to FOMO: Reasons Behind Ripple’s Leap

Cointelegraph

Published Sep 22, 2018 06:53PM ET

From Adoption to FOMO: Reasons Behind Ripple’s Leap

Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time.

XRP has gone as far as to beat Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap (returned to the third spot by the press time). What could possibly drive the price so high? While there’s no definite answer to that question, here’s some background and theories.

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