Binance pledges to firmly support XRP in both bull and bear markets

Bitrue, a leading Singapore-based cryptocurrency exchange, has pledged to support XRP regardless of market conditions. In a recent article, Bitrue stressed its willingness to support XRP regardless of whether the market is bearish or bullish

XRP Takes a Hit in Market Downturn
The market is currently in a bearish state, with prices of various digital assets, including XRP, falling sharply over the past week
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Data from CoinMarketCap shows that XRP has lost 6.3% in the past week and 11.58% on the monthly chart. The price of XRP declined from the monthly high of $0.5321 to a low of $0.4636. At press time, XRP is trading at $0.4665, down $1.761T from the previous day.
Despite the massive collapse in XRP’s value, Bitrue remains optimistic about the coin’s huge growth potential, as evidenced by the rocket emoji attached to its post.

Importance of community support to XRP’s popularity
In a follow-up tweet today, Bitrue noted that despite the mixed sentiments towards XRP, the asset still holds a spot among the top 10 cryptocurrencies by market cap. Currently, XRP is the seventh largest cryptocurrency by market cap, with a market cap of $25.99 billion.
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The exchange stressed the importance of community support, suggesting that this collective effort is crucial to XRP’s success in the market.

Bitrue’s strong support for XRP
Bitrue has been supporting XRP since last year, speculating that the coin would experience parabolic growth. It actively promotes XRP as a profitable financial instrument, emphasizing the importance of gaining exposure
For example, Bitrue earlier this week urged investors who are uncertain about their investment decisions to go all in on XRP
Furthermore, the exchange’s support for XRP is more than just a positive statement for X. Notably, XRP has been paired with top crypto assets on Bitrue, with more than 90 XRP spot trading pairs supported, including XRP/USDT and XRP/BTC
Additionally, Bitrue frequently launches giveaways to celebrate the addition of new XRP trading pairs. In March, it announced a trading competition for eight XRP trading pairs, with users sharing a $50,000 prize pool.
Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the views of The Crypto Basic. Readers should conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses
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