The third-largest cryptocurrency to date, Ripple, made \u0430 rollercoaster ride in terms of price, as trading XRP on Coinbase exploded to $0.92, then declined by 30% to trade at $0.610705 as of press time. Nevertheless, the price fluctuations skyrocketed XRP\u2019s price by over 25%.The rollercoaster turn of events for XRP started early on November 24, when prices per XRP token on Coinbase made a spike to $0.92. In contrast, Binance and Bitstamp only recorded a spike of $0.79, so experts believe that users activity sparked the price peak. Shortly after what seemed like a \u201cpump and dump\u201d price situation, users started talking on social media that Coinbase is suffering from connectivity problems.Despite that Coinbase\u2019s status page didn\u2019t report any problems during the time of the spike, data from Downdetector shows that problems with the servers began emerging early morning on November 24, reaching 1537 reports in just 15 minutes. Social media activity suggests that a lot of users lost a substantial amount of money during the crash.\u201cWHAT CRAP \u2014 new to coinbase \u2014 and all my XRP trades went into limbo then finally showed up only AFTER the bottom fell out \u2014 causing me to lose a ton of money!!!\u201d novice Coinbase user Mike Palagi commented on Downdetector\u2019s Coinbase monitoring page.Source: DownDetectorHowever, XRP\u2019s rally may be a result of another reason, rather than Coinbase\u2019s services crashing. Back in late October, $50 million worth of XRP at the time were sent to Bitstamp by an anonymous whale. The move caused XRP to see a 137% price increase in just two weeks. Despite the current rally, XRP is still 78% away from its all-time high in January 2018.Meanwhile, the altcoin sector is also on an upwards push, as Ethereum reached a price point of $600, after conquering the $500 mark just three\u2026<\/p>","protected":false},"excerpt":{"rendered":"
The third-largest cryptocurrency to date, Ripple, made \u0430 rollercoaster ride in terms of price, as trading XRP on Coinbase exploded to $0.92, then declined by 30% [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2815"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=2815"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=2815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=2815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=2815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}