{"id":154217,"date":"2023-09-12T13:57:19","date_gmt":"2023-09-12T08:27:19","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=154217"},"modified":"2023-09-12T13:57:19","modified_gmt":"2023-09-12T08:27:19","slug":"xrp-debuts-on-new-exchange-after-massive-price-drop-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xrp-debuts-on-new-exchange-after-massive-price-drop-crypto-news\/","title":{"rendered":"XRP Debuts on New Exchange After Massive Price Drop &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/u.today\/alex-dovbnya\"><\/p>\n<p><\/a><\/p>\n<div class=\"article__lead-info\"><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/u.today\/alex-dovbnya\">Alex Dovbnya<\/a><\/p>\n<p>XRP \u2014 cryptocurrency closely tied to Ripple \u2014 has found new home for trading on MetalX.com<\/p>\n<\/div>\n<\/div>\n<div>\n<p>XRP, the cryptocurrency associated with Ripple,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MetalXApp\/status\/1701326199535108139\"> has been listed<\/a> on MetalX.com, a rebranded version of the Proton DEX exchange.<\/p>\n<p>This comes after XRP recently experienced a significant price drop. Despite this downtrend, the listing indicates a level of market confidence in XRP&#8217;s potential and offers a new trading avenue for existing and potential investors.<\/p>\n<h2>Embracing XRP<\/h2>\n<p>MetalX.com represents a substantial evolution from its previous incarnation, Proton DEX, not merely functioning as a decentralized exchange but aspiring to be a full-fledged financial ecosystem.<\/p>\n<p>The platform boasts an array of features designed to bridge the divide between security and accessibility, including zero gas fees, instant transactions and robust on-chain identity verification.<\/p>\n<p>XRP&#8217;s listing on MetalX.com enables users to engage in decentralized trading with a fully decentralized order book, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/solana-sol-trust-by-grayscale-now-open-to-otc-markets-traders-report\">OTC trades<\/a> powered by smart contracts and streaming payments to settle transactions over time.<\/p>\n<h2>XRP&#8217;s price woes<\/h2>\n<p>XRP&#8217;s price has recently retraced the gains it made following the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/ripple-v-sec-approximate-xrp-trial-date-becomes-known\">SEC v. Ripple case<\/a>, currently hovering at $0.47, with a market cap of $25.1 billion.<\/p>\n<p>Financial analysts like Benjamin Cowen <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/intocryptoverse\/status\/1701357820879290530\">note<\/a> that &#8220;narratives do not drive the market, liquidity does.&#8221;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/F5xv630XQAAG3U1.jpeg\" data-entity-uuid=\"6752b287-82b9-4ea6-a9aa-7b2debc24d2c\" data-entity-type=\"file\" alt=\"https:\/\/twitter.com\/intocryptoverse\/status\/1701357820879290530\/photo\/1\" \/><\/p>\n<p>After initially spiking to above $0.80 in July \u2014 thanks to being relisted on major exchanges like Coinbase \u2014 the cryptocurrency has struggled to maintain its upward trajectory.<\/p>\n<p>However, its 24-hour trading volume of over $1.15 billion suggests that there remains a considerable level of interest in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/xrp-volume-skyrockets-by-176-as-price-attempts-to-recover\">XRP<\/a> despite its recent setbacks.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Alex Dovbnya XRP \u2014 cryptocurrency closely tied to Ripple \u2014 has found new home for trading on MetalX.com XRP, the cryptocurrency associated with Ripple, has been listed on MetalX.com, a rebranded version of the Proton DEX exchange. This comes after XRP recently experienced a significant price drop. Despite this downtrend, the listing indicates a level [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":154218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-154217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=154217"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154217\/revisions"}],"predecessor-version":[{"id":154224,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154217\/revisions\/154224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/154218"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=154217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=154217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=154217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}