Gemini Relists XRP, But Price Glitch Causes Confusion
Gemini, a popular crypto exchange, has decided to relist the XRP token on its platform. However, after the relisting, there seemed to be a price glitch, with the XRP price on Gemini showing much higher than its actual value. Some users reported seeing the price shoot up as high as $50. The glitch still persists, with the XRP price trading at around $0.160, while its actual value is around $0.63.
Key Points:
- Gemini has relisted XRP on its platform, making it accessible for trading.
- However, the XRP price on Gemini is showing much higher than its actual value.
- Some users speculate that the price glitch is due to a scanty order book and limited liquidity.
- Gemini has not provided an official explanation for the glitch and is currently undergoing maintenance.
- The XRP price continues to hover around $0.63, with investors waiting for a catalyst for upward price action.
What’s Next for XRP?
While the XRP price on Gemini may have experienced a glitch, it is uncertain when it will be resolved. In the meantime, XRP investors are eagerly waiting for the price to reach $1. However, with Bitcoin consolidating, it may be challenging for XRP to reach this milestone in the near future.
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