XRP breaks out above 4% within the span of an hour; new APIs enabled

XRP breaks out above 4% within the span of an hour; new APIs enabled

November 12, 2018

The price of XRP took an extreme hike in a matter of an hour, today. The price broke out above 4% where XRP was trading at an appreciated price of $0.52 with a market cap above $21 billion. The total trading volume was recorded at $406 million in the past 24 hours.

One of the members of the XRP community who goes by the Twitter name RossMacFirdeen also posted a tweet regarding a new API supporting the real-time price tracking of XRP. Here, he named eight exchanges that will enable this API, which includes Binance, Bitbank, Bitfinex, Bithumb, Huobi, Kraken, Okex and ZB. The original tweet read:

“As of now 8 exchanges are implemented on #XrpCommunityAPI […]
First version of the #API allowing to track #XRP price over those exchanges in REAL TIME will be released Monday !”

Another fan-handle from the XRP community discussed other features that are being implemented in the ecosystem. Two of the mentioned features in the tweet by XRPCommunityAPI were: Soap web service to ease server-to-server and rich client integration and Nuget package for .Net integration.

As for the XRP market, the lowest price hit by the token across the day was $0.49 where its market cap was observed to be $19.98 billion at one point. This is an add-on of over a billion dollar in the market cap of XRP in just a day’s time.

Joseph Johnson, a Twitter user and an XRP and blockchain enthusiast also wrote:

“How will we know the difference between utitly of the banks verses people just buying and selling XRP?”

To this, a user responded by establishing a connection between Ripple and XRP. The user wrote:

“Think of XRP as shares of Ripple Labs Inc.”

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