Ripple-Linked XRP Soars to Third-Largest Token After Trump Win
- The cryptocurrency gained as much as 32% Monday to hit $2.87
- Since the US election it has added over $100 billion in value
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XRP, a token linked to Ripple Labs Inc., has vaulted rivals to become the third-largest cryptocurrency in a $100 billion rally.
The token rose as much as 32% on Monday to $2.87. In the process its market capitalization topped $154.6 billion, up from less than $30 billion on Nov. 5, when Donald Trump emerged victorious in the US presidential election, according to CoinGecko data.