XRP Reaches Nearly All-Time Highs Amid Altcoin Season Enthusiasm
Recent developments indicate a potential altcoin season, highlighted by XRP's price movement.
- XRP reached $3.3991 on Binance, nearing its previous all-time high of $3.84 from 2018.
- Discrepancies exist regarding XRP's historical peak, with some sources reporting it at $3.40.
- Ripple's CTO has disputed the accuracy of the $3.84 figure, claiming it was only seen on South Korean exchanges.
- XRP's inflation-adjusted all-time high would be approximately $4.25 today, requiring a 25% increase to surpass this value.
- Despite a near-500% rally over the past year, XRP's value has decreased by 64% against ETH and 42% against BTC since their respective launches.
- The current rally symbolizes a positive shift for crypto in the US, coinciding with political dynamics ahead of the upcoming presidential election.
