The crypto investment products have witnessed $3.3 billion in inflow this week, and a massive XRP inflow crash. The popular cryptocurrency has faced a $37.2M outflow, whereas its competitors have taken the lead in inflows, raising suspicion on some underlying issues. Meanwhile, the XRP price also struggled on the chart. So, let’s discuss the key reasons behind this downfall. XRP Inflows Crash While SOL, ADA Gains Momentum According to the CoinShares report, the crypto investment products are witnessing high inflows, $3.3 billion weekly and $10.8 billion over 6 weeks. In the period, the AUM event hit $187.5 billion briefly before declining, led by the Bitcoin price rally to an ATH. However, XRP inflows lost momentum this week, witnessing a $37.2 million crash, the worst weekly performance. Interestingly, this change wasn’t new, as the XRP downtrend has been going on for nearly a month, with $28.6M outflows to date. As a… Read More at Coingape.com

The post Top 3 Reasons Why XRP Inflows Crash to $37 Million appeared first on CoinGape.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed