Bitrue, a leading crypto exchange based in Singapore, has made a commitment to continue supporting XRP regardless of market conditions.
In a recent announcement, Bitrue emphasized its dedication to standing by XRP, whether the market is experiencing a downturn or a rally.
XRP has been hit hard by the current bearish market, with prices of various digital assets, including XRP, experiencing significant drops over the past week.
Data from CoinMarketCap reveals that XRP has seen a 6.3% decrease in the past week and an 11.58% decline in the monthly charts. XRP’s price has fallen from a monthly high of $0.5321 to a low of $0.4636. At the moment, XRP is trading at $0.4665, indicating a 1.76% decrease in the past day.
Despite the substantial decrease in XRP’s value, Bitrue remains optimistic about the coin’s potential for substantial growth, as illustrated by the rocket emoji included in its announcement.
Bitrue emphasized the importance of community support in contributing to XRP’s success in the market, noting that despite differing opinions about XRP, the asset still holds a position among the top 10 cryptocurrencies by market cap. Currently, XRP ranks as the seventh-largest crypto with a market cap of $25.99 billion.
Since last year, Bitrue has shown unwavering support for XRP, predicting that the coin would experience a significant surge. The exchange has actively promoted XRP as a profitable financial instrument and has encouraged investors with uncertain investment decisions to consider going all-in on XRP.
In addition to its positive remarks, Bitrue has also demonstrated its support for XRP by pairing it with top crypto assets on the platform, with over 90 supported XRP spot trading pairs, including XRP/USDT and XRP/BTC.
Furthermore, Bitrue frequently hosts giveaway events to celebrate the addition of new XRP trading pairs. In March, the exchange announced a trading competition focusing on eight XRP trading pairs, with users sharing a prize pool of $50,000.
It is important to note that this content is for informational purposes only and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not necessarily reflect The Crypto Basic’s opinion. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic is not liable for any financial losses.