While the decline in cryptocurrencies continues at full speed, eyes have turned to certain altcoins. In the crypto world, which has seen incredible rises in the last 30 days, the surge was initiated as always by Bitcoin. After an incredible rise in a short period, BTC, which soared above the $73,500 level and refreshed its ATH, had created significant impacts on some altcoins. BTC, in particular, had an incredible effect on meme coins, completely launching BONK Coin into space. So, what happened to XRP during this period?
How Much Is XRP Worth?
In the last 30 days, XRP, which is at the center of one of the biggest lawsuits related to cryptocurrencies, did not fare well. While the entire market was taking off, XRP’s price showed a seasonal movement but only managed to achieve a 10% rise during this period.
The temporary nature of the rises once again disappointed XRP investors, and the $1 target was shelved once more. The effects of the 240 million XRP sale, following the unlocking of 1 billion tokens by Ripple, are also among the topics discussed during this period.
Taking a closer look at the XRP price, as of the time of writing, the cryptocurrency is trading just above the critical $0.60 level at $0.6073, after a 5% drop.
XRP’s market capitalization has fallen to $33 billion, placing it 6th in the market cap rankings, which shows it is increasingly lagging behind SOL and BNB.
On the other hand, there was a 12% drop in XRP’s market volume, amounting to $2.4 billion. This could be interpreted as investors not wanting to sell or a decrease in interest. Whether XRP will stay above the critical $0.60 level in the coming days is a matter of curiosity.
What Is the Price of Bonk Coin?
With BTC’s rise in the market, a full-blown meme coin frenzy ensued. While many meme coins in the market were rising, eyes suddenly turned to the meme coins of the Solana network.
BONK and WIF became the flag-bearers of Solana’s meme coins during this period. Although BOME joined the scene later and showed even bigger rises, it can be said that BONK also had a fantastic 30 days.
Despite the significant pullback in the market, BONK’s gains over the last 30 days are still above 80%. In the last 7 days, BONK has seen a decrease of 8.8% and is currently trading at $0.00002156.
BONK’s market capitalization has also clearly declined. After an 8% drop in volume, the market cap fell to $1.4 billion, placing BONK at the 72nd spot in the CMC volume rankings.
A noticeable decrease in BONK’s trading volume over the last 24 hours has also emerged. BONK experienced a 33% drop in trading volume, attracting $200,588,648 in buying and selling interest. A potential new meme coin rally in the coming days could pave the way for renewed interest in BONK.
