Speculation Rises: Robinhood to List XRP in 2024's Q1?

• Rumored Listing of Ripple's XRP Token on Robinhood
• Impact of a Possible Listing
• No Official Confirmation from Robinhood
• Further Speculations
• Current Trading Status of Ripple's XRP

Rumored Listing of Ripple's XRP Token on Robinhood

The crypto world is rife with speculation that Robinhood, a leading trading platform, might list Ripple's native XRP$0.620 -1.68% token in the first quarter of 2024. This conjecture has triggered a buzz in the XRP community, with many social media users discussing the potential listing on Robinhood in the coming year. These rumors are already making waves in the cryptocurrency landscape, as a listing would be a significant event if it turns out to be accurate. Robinhood boasts nearly 23 million active users, and a listing for XRP could lead to an influx of funds into the altcoin.

Impact of a Possible Listing

This potential large inflow could cause a spike in the price of Ripple's native token because purchasing the cryptocurrency could become more straightforward. After a nearly 13% 30-day surge, the current price of Ripple's token stands around the $0.59 mark. Future price predictions for Ripple are also a subject of debate, particularly regarding when XRP could cross the $1 threshold.

No Official Confirmation from Robinhood

Despite the widespread speculation, Robinhood has not officially confirmed whether it will list XRP on its platform. These rumors originate from social media and, as yet, the leading exchange has not disclosed any information regarding a potential listing. As such, these social media rumors should be treated with skepticism until official confirmation is provided.

Further Speculations

Besides Ripple's XRP, rumors about Robinhood potentially listing other tokens are also circulating. For instance, some social media users suggest Robinhood might list Shiba Inu$0.000010 -2.05%'s ecosystem token, Bone. However, similar to the XRP speculation, this rumor should be considered conjecture until official news is released.

Current Trading Status of Ripple's XRP

As of the last update, Ripple's native XRP token was trading at $0.59, marking a near 4% decrease in the 24-hour trading period. The altcoin is also down by almost 83% from its all-time high of $3.40, achieved in January 2018.

Edited by Jonathan Stoker