Crypto Market Sees Recovery as Bitcoin and Altcoins Make Moves

In the crypto market today, there was some recovery observed. Eyes first turned to Bitcoin, which hosted incredible rises over the last 30 days. BTC, which soared above the $73,500 level and refreshed its all-time high (ATH), triggered some altcoins to experience significant increases. So, what happened to XRP and BONK after this rise?

How Much is 1 XRP in Dollars?

XRP, one of the leading projects that come to mind when talking about cryptocurrencies, continues to remain in great uncertainty. While significant increases were seen in meme coins and AI tokens across the market, XRP only achieved a 10% rise during this period, disappointing its investors.

After the recent surge, XRP fell again, and the long-awaited $1 target remained out of reach. The 1 billion token unlock by Ripple in early March also created significant fear in the market. The subsequent sale of 240 million XRP also caused a stir.

At the time of writing, XRP’s price saw a 3.5% increase, moving away from the critical $0.60 level to trade at $0.62.

XRP’s market capitalization exceeded $34.5 billion during this period. With this volume, XRP still ranks 6th behind SOL and BNB.

What is the Price of Bonk Coin in Dollars?

With consecutive ATHs seen in BTC, meme coin rises followed in the market. While many meme coins experienced growth, attention suddenly shifted to the meme coins of the Solana network. BONK was one of the most notable among them.

After the market’s downturn following the recent ATHs, BONK’s gains over the last 30 days reached 100%. BONK, which saw a modest 9% decline over the past 7 days compared to the market, continues to trade at $0.00002299 after a 6.23% increase at the time of writing.

BONK’s market capitalization also saw an increase. The volume rose by 8%, reaching the $1.5 billion mark, placing BONK at the 71st position according to Coinmarketcap’s volume ranking.

BONK’s 24-hour trading volume was also on the decline. After a 34% drop in volume, BONK seemed to be relatively neglected with $124 million in trading interest.