{"id":566620,"date":"2023-12-23T02:00:30","date_gmt":"2023-12-23T02:00:30","guid":{"rendered":"https:\/\/uniquehot.com\/?p=566620"},"modified":"2024-06-11T14:43:36","modified_gmt":"2024-06-11T14:43:36","slug":"crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/","title":{"rendered":"Crypto Alarm: XRP’s Trade Volume Hits Six-Year Low, A Cause For Concern?"},"content":{"rendered":"

A significant dip<\/a> in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume plummeted to levels not seen in the past six years, a development that has raised eyebrows among crypto enthusiasts.<\/p>\n

\n

On this day, December 21st, #XRP<\/a> : pic.twitter.com\/ptHRTpkEeE<\/a><\/p>\n

\u2014 WrathofKahneman (@WKahneman) December 22, 2023<\/a><\/p><\/blockquote>\n

Just XRP Or Industry-Wide Slump In Trade Volumes?<\/h2>\n

Reputed lawyer and XRP advocate, Bill Morgan, took to X (formerly Twitter) to shed light on this concerning trend highlighted by WrathKahneman. According to WrathKahneman, the trading volume of XRP on December 21 stood at approximately 1.9 billion, a stark contrast to the $2.4 billion witnessed in 2022 and drastically lower than $19.3 billion recorded in 2020.<\/p>\n

\n

What is most interesting or concerning about those figures is the daily XRP volume is lower on this day for this year and not this day in any of the previous 6 years. https:\/\/t.co\/oQpr7avC54<\/a><\/p>\n

\u2014 bill morgan (@Belisarius2020) December 22, 2023<\/a><\/p><\/blockquote>\n

This decline has sparked a debate over the implications for the token’s market dynamics and investor sentiment. While the decline in XRP’s trade volume has become a focal point for discussions, it is important to note that this trend isn’t isolated to XRP alone.<\/p>\n

Related Reading: XRP And XLM In Lockstep? Expert Sheds Light On Their Surprising Price Synchronization<\/a><\/div>\n

Mr. Huber, a recognized figure in the crypto world, pointed out<\/a> that leading cryptocurrencies such as Bitcoin and Ethereum are also experiencing similar plunge in trade volumes. This broader market trend suggests a possible shift in the trading activities across the crypto landscape.<\/p>\n

Media reports corroborates Mr. Huber\u2019s assertion, indicating that Bitcoin\u2019s trade volume as of August 28, 2023, had reached its lowest in four years. This pattern<\/a>, reflected across multiple major cryptocurrencies, hints at a more complex market dynamic that extends beyond XRP.<\/p>\n

XRP’s Current Market Performance<\/h2>\n

Despite the concerns over trading volume, XRP has exhibited resilience in its market price<\/a>. Over the past 24 hours, the digital asset has seen a near 1% increase, with its trading price hovering around $0.61.<\/p>\n

\"XRP
XRP price is moving sideways on the 4-hour chart. Source: XRP\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Although it experienced a 4.6% decline over the past two weeks, XRP’s performance over the past month<\/a> shows a 3.8% increase. Currently, its trading volume has continued to decline further standing at about $1.3 billion, maintaining a relatively steady state compared to last Friday’s $1.2 billion.<\/p>\n

Furthermore, Mr. Huber’s observation that the downturn in trading volume isn’t unique to XRP was echoed by another user, MoonLambo on X. This user, responding to Bill Morgan’s post highlighting what could be either interesting or concerning, supported Mr. Huber’s view by adding, “I disagree.”<\/p>\n

MoonLambo disclosed that there is nothing concerning and that the plunging trading volume is\u00a0not unusual or worrying. They point out that considering the vast number of days (around 2,200) over the past six years, focusing on just six specific days’ data is too narrow to draw meaningful conclusions.<\/p>\n

According to their analysis of the all-time XRP\/USD price chart<\/a>, they note a consistent pattern where both XRP’s price and trade volume increase as market activity heats up. This pattern has been observed consistently over a decade, not only for XRP but also for other major cryptocurrencies like BTC and ETH.<\/p>\n

Related Reading: XRP Price Could Be Soon The Next One To Rally \u2013 Here\u2019s Why<\/a><\/div>\n

MoonLambo further assert that the current state of XRP\u2019s volume is typical and expect a significant increase in trade volume when XRP experiences its next market rally<\/a>.<\/p>\n

\n

I disagree. This is not the least bit concerning. Nearly 2,200 days have passed in the last 6 years. Each day is a data point, and you’re only looking at 6 data points while ignoring the rest. You can’t draw a useful conclusion from such limited data here.<\/p>\n

Look at the chart\u2026 pic.twitter.com\/lvEnRfKs8t<\/a><\/p>\n

\u2014 Moon Lambo (@MoonLamboio) December 22, 2023<\/a><\/p><\/blockquote>\n

Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume plummeted to levels not seen in the past six years, a development that has raised eyebrows among crypto enthusiasts. On this day, December 21st, #XRP : pic.twitter.com\/ptHRTpkEeE \u2014 WrathofKahneman (@WKahneman) December 22, 2023 Just XRP Or Industry-Wide Slump In Trade Volumes? Reputed lawyer and XRP advocate, Bill Morgan, took to X (formerly Twitter) to shed light on this concerning trend highlighted by WrathKahneman. According to WrathKahneman, the trading volume of XRP on December 21 stood at approximately 1.9 billion, a stark contrast to the $2.4 billion witnessed in 2022 and drastically lower than $19.3 billion recorded in 2020. What is most interesting or concerning about those figures is the daily XRP volume is lower on this day for this year and not this day in any of the previous 6 years. https:\/\/t.co\/oQpr7avC54 \u2014 bill morgan (@Belisarius2020) December 22, 2023 This decline has sparked a debate over the implications for the token’s market dynamics and investor sentiment. While the decline in XRP’s trade volume has become a focal point for discussions, it is important to note that this trend isn’t isolated to XRP alone. Related Reading: XRP And XLM In Lockstep? Expert Sheds Light On Their Surprising Price Synchronization Mr. Huber, a recognized figure in the crypto world, pointed out that leading cryptocurrencies such as Bitcoin and Ethereum are also experiencing similar plunge in trade volumes. This broader market trend suggests a possible shift in the trading activities across the crypto landscape. Media reports corroborates Mr. Huber\u2019s assertion, indicating that Bitcoin\u2019s trade volume as of August 28, 2023, had reached its lowest in four years. This pattern, reflected across multiple major cryptocurrencies, hints at a more complex market dynamic that extends beyond XRP. XRP’s Current Market Performance Despite the concerns over trading volume, XRP has exhibited resilience in its market price. Over the past 24 hours, the digital asset has seen a near 1% increase, with its trading price hovering around $0.61. Although it experienced a 4.6% decline over the past two weeks, XRP’s performance over the past month shows a 3.8% increase. Currently, its trading volume has continued to decline further standing at about $1.3 billion, maintaining a relatively steady state compared to last Friday’s $1.2 billion. Furthermore, Mr. Huber’s observation that the downturn in trading volume isn’t unique to XRP was echoed by another user, MoonLambo on X. This user, responding to Bill Morgan’s post highlighting what could be either interesting or concerning, supported Mr. Huber’s view by adding, “I disagree.” MoonLambo disclosed that there is nothing concerning and that the plunging trading volume is\u00a0not unusual or worrying. They point out that considering the vast number of days (around 2,200) over the past six years, focusing on just six specific days’ data is too narrow to draw meaningful conclusions. According to their analysis of the all-time XRP\/USD price chart, they note a consistent pattern where both XRP’s price and trade volume increase as market activity heats up. This pattern has been observed consistently over a decade, not only for XRP but also for other major cryptocurrencies like BTC and ETH. Related Reading: XRP Price Could Be Soon The Next One To Rally \u2013 Here\u2019s Why MoonLambo further assert that the current state of XRP\u2019s volume is typical and expect a significant increase in trade volume when XRP experiences its next market rally. I disagree. This is not the least bit concerning. Nearly 2,200 days have passed in the last 6 years. Each day is a data point, and you’re only looking at 6 data points while ignoring the rest. You can’t draw a useful conclusion from such limited data here. Look at the chart\u2026 pic.twitter.com\/lvEnRfKs8t \u2014 Moon Lambo (@MoonLamboio) December 22, 2023 Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":524613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[134,6664,4531,87304,78763],"class_list":["post-566620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-altcoin","tag-crypto","tag-xrp","tag-xrp-analysis","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Alarm: XRP Trade Volume Hits Six-Year Low, A Cause For Concern?<\/title>\n<meta name=\"description\" content=\"A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Alarm: XRP Trade Volume Hits Six-Year Low, A Cause For Concern?\" \/>\n<meta property=\"og:description\" content=\"A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-23T02:00:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:43:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815\" \/>\n\t<meta property=\"og:image:width\" content=\"1140\" \/>\n\t<meta property=\"og:image:height\" content=\"815\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Crypto Alarm: XRP’s Trade Volume Hits Six-Year Low, A Cause For Concern?\",\"datePublished\":\"2023-12-23T02:00:30+00:00\",\"dateModified\":\"2024-06-11T14:43:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/\"},\"wordCount\":676,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815\",\"keywords\":[\"altcoin\",\"crypto\",\"xrp\",\"XRP analysis\",\"xrpusdt\"],\"articleSection\":[\"Ripple\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/\",\"name\":\"Crypto Alarm: XRP Trade Volume Hits Six-Year Low, A Cause For Concern?\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815\",\"datePublished\":\"2023-12-23T02:00:30+00:00\",\"dateModified\":\"2024-06-11T14:43:36+00:00\",\"description\":\"A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume...\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815\",\"width\":1140,\"height\":815,\"caption\":\"Ripple - XRP\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Alarm: XRP’s Trade Volume Hits Six-Year Low, A Cause For Concern?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/uniquehot.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Alarm: XRP Trade Volume Hits Six-Year Low, A Cause For Concern?","description":"A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Alarm: XRP Trade Volume Hits Six-Year Low, A Cause For Concern?","og_description":"A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume...","og_url":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-12-23T02:00:30+00:00","article_modified_time":"2024-06-11T14:43:36+00:00","og_image":[{"width":1140,"height":815,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Crypto Alarm: XRP’s Trade Volume Hits Six-Year Low, A Cause For Concern?","datePublished":"2023-12-23T02:00:30+00:00","dateModified":"2024-06-11T14:43:36+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/"},"wordCount":676,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815","keywords":["altcoin","crypto","xrp","XRP analysis","xrpusdt"],"articleSection":["Ripple"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/","url":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/","name":"Crypto Alarm: XRP Trade Volume Hits Six-Year Low, A Cause For Concern?","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815","datePublished":"2023-12-23T02:00:30+00:00","dateModified":"2024-06-11T14:43:36+00:00","description":"A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP\u2019s trading volume...","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815","width":1140,"height":815,"caption":"Ripple - XRP"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Alarm: XRP’s Trade Volume Hits Six-Year Low, A Cause For Concern?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/uniquehot.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Alarm: XRP’s Trade Volume Hits Six-Year Low, A Cause For Concern?","url":"http:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","crypto","xrp","xrp analysis","xrpusdt"],"dateCreated":"2023-12-23T02:00:30Z","datePublished":"2023-12-23T02:00:30Z","dateModified":"2024-06-11T14:43:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Alarm: XRP’s Trade Volume Hits Six-Year Low, A Cause For Concern?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/crypto-alarm-xrps-trade-volume-hits-six-year-low-a-cause-for-concern\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/XRP-2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/XRP-2.jpeg?fit=1140%2C815\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"crypto\",\"xrp\",\"xrp analysis\",\"xrpusdt\"],\"dateCreated\":\"2023-12-23T02:00:30Z\",\"datePublished\":\"2023-12-23T02:00:30Z\",\"dateModified\":\"2024-06-11T14:43:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/03\/XRP-2.jpeg?fit=1140%2C815","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/566620"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=566620"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/566620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/524613"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=566620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=566620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=566620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}