Cryptocurrencies
Third-Biggest Crypto Coin Barely Causes a Ripple Amid Rally
- Ripple’s selling of XRP weighs on price, prompting a petition
- Company disputes increase in sales, saying it’s scaling back
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Amid the astonishing recovery this year by most of the world’s biggest cryptocurrencies, one stands out.
The token known as XRP has tumbled about 20%, while eight of the other 10 biggest coins are posting outsized gains. Even after losing about $3 billion in market capitalization in 2019, XRP remains the third-largest digital asset after Bitcoin and Ethereum.