The price of XRP has fallen over 14 per cent in a 24 hour period following a week of highs, with reports suggesting the a Ripple co-founder is selling his tokens.
Last week was a good one for XRP. On Friday, the third-most valuable altcoin reached a high of $0.70, according to CoinMarketCap. This is compared to $0.28 on the 17 September. Such was the rise of it that at one point XRP even surpassed Ethereum to take second place in terms of market cap. However, it wasn’t long before Ethereum rectified the situation by putting XRP back into third.