Ripple's XRP explodes to record high above $3

  • XRP, the cryptocurrency made by Ripple, continued its explosive tear Wednesday afternoon, according to data from both Markets Insider and CoinMarketCap.
  • According to data from CoinMarketCap, the red-hot alternative cryptocurrency surged over $US3 a coin Wednesday.
  • It was trading at an all-time high of $US3.21 at the time of print, up nearly 34% against the dollar on Wednesday.
  • XRP has gained 134% over the last week.
  • Lesser known alternative cryptocurrencies, or alt coins, have pushed the cryptocurrency to new heights this year.
  • Cardano and Stellar, two other cryptocurrencies, are up 150% and 304% respectively this week.

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