Are Ripple (XRP), Litecoin (LTC), and TRON (TRX) floating or sinking today? Let’s take a look at what’s happening.
Ripple (XRP)
Ripple[1] (XRP) is currently selling for $0.887528, which puts the coin up 1.21% in the past 24 hours.
Source: CoinMarketCap[2]
Ripple is one of the few coins up today, although the growth may not last long. Earlier in the day, XRP nearly reached $1.00, growing as high as $0.92. This jump in price likely came as a result of the new Binance trading pair of XRP and USDT (Tether).
#Binance Adds XRP/USDT Trading Pairhttps://t.co/9OiHnx0svL pic.twitter.com/hEpsGWYoyf[3][4][5]
— Binance (@binance) May 4, 2018[6]
The people replied with their enthusiasm:
Woohooooooo pic.twitter.com/IUkTqeIiJa[7]
— The Cryp-Toe Man (@Royal_Gentlemen) May 4, 2018[8]
However, others were concerned that insider trading might have been at play:
@cz_binance[9] Are you guys involved in insider trading ? Look at the screenshot. XRP was heavily pumped right before this announcement. Same thing happened for yesterday’s Nano announcement.
——-#bitcoin #nano #xrp #ripple #crypto pic.twitter.com/DgnBf0M6rF[10][11][12][13][14][15]— Korean Crypto Queen (@koreansatoshi1) May 4, 2018[16]
What do you think? Was there foul play afoot?
>> Interested in buying Ripple (XRP)? Here’s how[17]
Litecoin (LTC)
Litecoin[18] (LTC) is currently selling for $159.18, which puts the coin down 1.38% in the past 24 hours.
Source: CoinMarketCap[19]
Litecoin was up earlier in the day, with LTC reaching as high as $164.81,
