Ripple’s success story is a legendary tale in the world of cryptocurrencies now. The currency which boomed by 36,000% last year had become the biggest name in cryptocurrencies for a few weeks owing to its success. However, as sweet as Ripple’s rise was, the sting of the price crash was felt even worse as the currency fell by 3/4th of its price. However, the crash is now in the past as the currency looks forward to recovery.
As the cryptocurrency markets go through a bullish momentum and prices are recovering, Ripple is one of the biggest benefactors of this recovery as the currency has been rising by 10-15% every day. Even today, Ripple has risen by over 9% over the past 24 hours. Ripple’s price started off the day at $0.61 and closed the day at $0.67 – a significant movement for an otherwise slow and stable Ripple.