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Kraken Exchange Glitch Briefly Lists XRP at $91.6

A technical error on Kraken temporarily inflated Ripple’s XRP price far above market value before returning to normal levels.

XRP

Summary

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Terms & Concepts
  • XRP: A digital asset used in Ripple’s payment network for fast, low-cost international transfers.
  • Kraken: A major U.S.-based cryptocurrency exchange offering trading in numerous digital assets.
  • Price Glitch: A temporary display or calculation error causing incorrect asset prices on a trading platform.