XRP Price Spike on Gemini.
11 Aug 2023, 16:20
XRP Price Spike on Gemini
On the Gemini exchange, the price of the XRP token from Ripple on August 10 suddenly rose above $50 after relisting, arousing the interest of the community. The coin was temporarily held around $1, possibly due to price instability.
Some users believe that the reason is orders with low liquidity. One of the users created a market order for $50.
Later, the exchange went for maintenance, causing timeouts in the markets. Gemini announced the return of XRP to the platform.
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