Ripples meteoric rise has continued into 12/29/2017. Ripple has flown past Ethereum to take the 2nd slot in largest market capitalization. Ripple has now increased 56% in just the last 24 hours! Ripple is now $2.27 a coin, and has a market capitalization of $87,500,000,000! The last 30% rise has come on no news. Although there have been a significant amount of positive news in the name recently, and Ripple has gone from the most hated to the most loved cryptocurrency. At this point in the rise, all of Ripples news and expected news has been priced into the coin. I do not think this run will continue very much longer, and I would suggest that anyone in the name should take profits at these all time highs. I would be very surprised if Ripple was able to break $100,000,000,000 before a significant pullback. These are exciting times in the cryptocurrency market, and I think the drama is just beginning.
thats crazy, but at bitfinex its still at $1.88
now its $1.78
It seems ripples average price is really being inflated by Bithumb. It is listed at $2.40 there, and has 30% of ripples total trading volume.