XRP has become one of the hottest topics in the cryptocurrency market with its rise. With the recent decline in Bitcoin, the XRP price fell to the $ 2 limit, while XRP broke a record in another area.
Accordingly, XRP became the most traded altcoin on Binance in December. This increase came at a time when XRP hit a three-year high.
CryptoQunant analyst revealed that XRP is the most traded altcoin on the Binance Futures market.
The analyst noted that XRP currently has a trading volume of 116.6 billion, adding that December is not over yet.
Stating that it is important to follow the most traded altcoins on Binance, the analyst said:
“XRP is the most traded altcoin on Binance Futures, currently with a trading volume of 116.6 billion and the month is not even over yet.
It is important to keep track of the most traded coins on Binance, as these should be your main focus when trading altcoins.
“Both Bitcoin and altcoins have seen major declines in recent days. However, XRP looks set to recover faster than most altcoins despite broader market challenges,” the analyst said.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/cryptoquant-reveals-most-traded-altcoin-on-binance-no-surprises/