- XRP’s daily trade volume on December 21, 2023, was lower than that recorded in the past six years.
- The 1.9 billion trade volume recorded on Thursday is lower than last year’s 2.4 billion and significantly less than the 19 billion recorded in 2020.
- Crypto sleuth said the trade volume slump trend is affecting not only XRP but other tokens like Bitcoin and Ethereum.
Following a recent but short-lived uptick in XRP’s value, notable community members have pointed out a drop in the token’s trade volume despite increased investors’ confidence in the market.
In a recent tweet shared on X (formerly Twitter), reputed lawyer Bill Morgan made an observation concerning XRP’s trade volume over previous years. Per the post, Morgan highlighted that the present XRP’s trade volume on December 21, 2023, is lower than that recorded on any day in the last six years.
XRP’s Trade Volume
The lawyer made this comment following an analysis posted by Ripple Enthusiast, “Wrath of Kahneman,” which showed XRP trade volume on December 21 in the past six years. In particular, the data showed that XRP trade volume for December 21 of this year came in at around …
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