The crypto market has been in a downward trend since November 2021. Many cryptocurrencies hit their all-time highs at the time, before falling back to key support levels.
Ripple is one of the few top 10 cryptocurrencies that did not hit an All Time High in November 2021. XRP reached its all-time high in 2018 and has since failed to come close.
What is Ripple and what is XRP?
RippleNet is a global payment platform created by Ripple. Thus, Ripple is the company that built and issued the XRP token. XRP is the token on the XRP ledger, which provides on-demand liquidity to financial services companies. Do you want a much more extensive explanation about Ripple? Then click here.