Ripple Price Plummets 9% As Synthetix Soars


On Saturday morning, Bitcoin (BTC) and Ethereum (ETH) rose above the $30,000 and $19,000 marks, respectively. However, BTC saw a 3.55% drop in terms of percentage-wise performance. Other popular altcoins such as Dogecoin (DOGE), Ripple (XRP) also landed in the negative as overall prices saw minor losses across the board.

At the time of writing, the global crypto market cap stood at $1.21 trillion, registering a 24-hour loss of 3.63 percent.

The following is a summary of the prices of major cryptocurrencies:

Bitcoin (BTC) price is $30,327.99 with a 24-hour loss of 3.55 percent. According to Indian exchange WazirX, BTC price is Rs 25 lakhs.

Ethereum (ETH) price is $1,932.47, marking a 24-hour loss of 3.87 percent. WazirX states that Ethereum price in India is Rs 1.61 lakhs.

Dogecoin (DOGE) has declined 3.28 percent over the 24 hours, currently priced at $0.0686. As per WazirX, Dogecoin price in India is Rs 5.8300.

Litecoin (LTC) has dropped 6.35 percent in the past 24 hours, trading at $94.94. LTC price in India is Rs 8,118.00.

Ripple (XRP) price is $0.726, seeing a 24-hour loss of 9.82 percent. As per WazirX, Ripple price is Rs 61.3690.

Solana (SOL) price is $27.37, marking a 24-hour loss of 4.74 percent. WazirX’s SOL price in India is Rs 2,315.00. 

The top 5 crypto gainers over the past 24 hours are Synthetix (SNX) ($2.64, 19.78% gain), Optimism (OP) ($1.47, 5.58% gain), Injective (INJ) ($9.30, 5.45% gain), UNUS SED LEO (LEO) ($4.00, 2.83% gain), and BitDAO (BIT) ($0.5166, 2.78% gain).

Meanwhile, the top 5 crypto losers over the past 24 hours are Stellar (XLM) ($0.1348, 13.57% loss), Fantom (FTM) ($0.2797, 11.39% loss), Render Token (RNDR) ($2.00, 9.86% loss), Ripple (XRP) ($0.7305, 9.80% loss), and Cardano (ADA) ($0.329, 9.70% loss).

It is important to note that crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions, and cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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