XRP
XRP Climbs With Large-Cap Cryptos While Dogecoin and Altcoins Slump
XRP gained ground on October 1 as major digital assets advanced, contrasting with sharp declines in speculative tokens.
XRP advanced 0.6% on October 1 alongside gains in other major cryptocurrencies, including a 1.3% rise in Bitcoin, a 0.7% increase in Ethereum, and a 0.3% uptick in Solana. By comparison, Dogecoin dropped 4.7%, while Zcash lost 6.6% and NEAR Protocol fell 9.1%.
The divergence occurred as traders reduced exposure to speculative altcoins. While diversification had pushed Bitcoin's market dominance below 60% in late September, lower liquidity in smaller tokens quickly led to heavier price pressure once selling resumed.
Over the 90-day period ending October 1, XRP recorded a 31% increase. This performance aligned closely with Bitcoin's 33% gain, while trailing Solana's 43% and Ethereum's 53% rallies, but still beating Dogecoin's 22% gain.
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