On Gemini, which re-listed Ripple (XRP) and announced Ledger support, the price saw $50.
Announcing that it has decided to list XRP after a long break, and at the same time launching XRP Ledger support, Gemini shocked the market. The volatility, which has peaked since XRP’s re-listing, has pushed the price up to $50. The market value of XRP, which instantly tests $ 50 in Gemini, has approached trillions of dollars.
No clear information on price action has been shared yet.
For XRP, which only touched $50 for a few seconds, claims were made that a buyer may have placed a large market order. However, no definite information on the subject was disclosed by the stock market. One issue that most investors pointed out was that insufficient liquidity in Gemini led to this situation.
This event, which left its mark on the crypto industry, attracted the attention of the entire community, not just XRP investors. Although such events occurred from time to time, the fact that this happened in XRP added a different dimension to the event. Also at the moment, the XRP price on Gemini is being watched closely.
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