The cryptocurrency market turned red for a short while earlier today, December 20, after which it regained its staircase momentum to climb further up on the price graph. Here, the two popular top-10 altcoins, XRP and Tron [TRX], also showed zest when the former hiked by 4.72% while the latter jumped up by 7.12%.
At the time of writing, TRX was trading at an appreciated price of $0.0172, with a market cap of $1.14 billion. The trade volume in the past 24-hour was recorded to be over $158 million.
At the beginning of the 24-hour cycle, Tron started its journey in the market by trading at $0.0162, where its market cap was calculated to be $1.08 billion. However, the price began to spike with its first upturn at $0.0169. The second upturn led the TRX market straight up to $0.0175, with a market cap of $1.16 billion. This figure also formed the pinnacle of the day for the token.
Furthermore, TRX also had a major fall across the day, where the coin hit a low of $0.0154 with a market cap of $1.02 billion.
In the case of XRP, the token has been making waves on the price graph by showing high volatility in its nature. At the start of the day, XRP was trading at a bullish price of $0.36, with a market cap of $15 billion. However, this was not the most bullish the token performed today.
The price took a hike to reach its peak of the day by trading at $0.39. Here, its market cap was recorded to be $16 billion. Despite this, a downturn threw the coin back to the ground that made for the bottom of the day at $0.34, with a market cap as low as $14.1 billion.
At present, XRP has reclaimed its victory in the bullish marathon by returning to $0.38 and regaining its place at $15.7 billion.
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Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.