Arkham Exchange, a well known cryptocurrency exchange platform, not too long ago made an announcement on their X platform stating that they’re itemizing Ripple’s XRP on each Spot and Perpetual buying and selling pairs. The buying and selling is ready to go reside right now, December 13, at 12:00 PM EST. This XRP itemizing, in accordance to the group members, will lead to a big value surge for the XRP token.
ANNOUNCING NEW EXCHANGE LISTING: XRP
XRP will be added to the Arkham Exchange, for each spot and perpetual pairs.
Trading will go reside at 12pm EST right now. pic.twitter.com/8Bjtw1Lf7a
— Arkham (@arkham) December 13, 2024
XRP Price Affected by Major Listing and Market Dynamics
Historical knowledge suggests a constructive value surge is often noticed after main exchange itemizing or after change in market dynamics. For instance, again in September 2024, Robinhood relisted XRP following Ripple’s authorized readability with the SEC. This brought on a big surge within the value of the token. The token’s weekly features reached up to 48.8% throughout that interval.
Moreover, not too long ago, earlier than the RLUSD approval from New York Department of Financial Services, the XRP token was buying and selling at roughly $2.00, following the announcement, the worth of the token surged and reached the $2.40 mark. These two examples point out the worth surge of the token due to main itemizing or by means of change available in the market dynamic is imminent.
Ripple’s XRP on Arkham Exchange
This time round, with XRP being listed on Arkham exchange, the group expects the identical value surge because the token skilled throughout its relisting on Robinhood. The Perpetual pairs is predicted to appeal to each retail and institutional traders, seemingly growing the buying and selling quantity.
Ripple’s XRP to be listed on Arkham Exchange Announcement (Source: X Post)
At press time, the Ripple’s native cryptocurrency token stands at $2.40, and in accordance to analysts, the token can surge and break the $3.00 mark put up Arkham itemizing.
This itemizing signifies Arkham’s dedication in offering entry to high-demand property and highlights token’s rising significance within the crypto market.
