Crypto Index Funds Eyeing XRP: Potential Surge Ahead?

By Cora Skindell Jul 18, 202359Views

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Crypto Index Funds Could Potentially Add XRP to Holdings

Ripple’s XRP has outperformed other cryptocurrencies, gaining 3.6% in the past 24 hours. It has reclaimed its position as the fourth-largest digital asset by market value. On the other hand, Bitcoin and Ethereum have both seen a decrease in value since last Thursday’s lawsuit ruling. Despite a decrease in gains, XRP is still up around 60% since the ruling. However, altcoins like MATIC, SOL, and ADA have reversed their gains and returned to pre-ruling levels. While the rush to buy XRP may have slowed down, the addition of XRP to crypto index funds could potentially boost its price. If XRP is included in these indexes, it could represent 4-5% of the composition.

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Cora Skindell

Cora Skindell is a standout figure in the world of cryptocurrency analysis, research, and editorial expertise. As a seasoned crypto analyst and researcher, Cora's insights delve deep into the complexities of digital assets, resonating with a diverse audience. Her ability to dissect intricate crypto concepts is complemented by her adept editorial skills, enabling her to distill complex information into easily understandable content. Cora's contributions serve as a valuable compass for both seasoned and novice individuals seeking to navigate the dynamic landscape of cryptocurrencies. With a keen eye for detail and a commitment to accuracy, she empowers informed decision-making in the ever-evolving crypto space.

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