U.Today - Per data, XRP ranks as the second most traded token after Bitcoin (BTC) on Seychelles-based crypto exchange KuCoin. In the last 24 hours, XRP racked up $94 million ($94,285,762) in spot trading volume, accounting for 11.16% of the total trade volume on the platform.
Bitcoin, on the other hand, racked up $187 million ($187,406,071) in spot trading volume, accounting for 22.18% of the 24-hour trading volume.
Interestingly, XRP was among the top five coins by weekly search popularity on KuCoin, which has more than 20 million users worldwide and a presence in over 200 countries.
In similar news, Saint Vincent and the Grenadines crypto exchange has announced a promotion for the Bitcoin (BTC), Ethereum (ETH) and XRP communities until April 23, wherein one lucky winner has a chance to win $1,000 each day.
XRP price action
At the time of writing, XRP was trading down 4.85% in the last 24 hours at $0.467. The crypto market is seeing a bout of profit-taking as investors react to a potential interest rate hike.On April 19, the crypto market is set to mark its third consecutive day of downturn, with millions of dollars already liquidated.
XRP trading volume is seeing a slight 9% increase as traders look out for indications of the next market move. So far in April, XRP is down 13.63% after reporting a positive 42% climb in March.
Amid the present market volatility, whales are shifting their assets. In the last 24 hours, WhaleAlert detected a lump sum of 119,072,730 XRP worth $56,830,113 moving between unknown wallets.