XRP/PHP Registered An ATH Of 6.026 Million On 5 March On The Philipines Corridor

[bitcoinisking]

The third-largest cryptocurrency by market cap, XRP price seems to be following the king Bitcoin while the queen Ethereum was enjoying good yields yesterday.

XRPXRP/PHP liquidity hits ATH

Ripple has had a fantastic start to the new year. On-Demand Liquidity (ODL), usage, and payment volumes broke new records. According to the latest update of the Liquidity Index Bot, XRP/PHP recorded an all-time high of 6,026 million on March 5 on the Filipino corridor operating through Coins.ph.

LINK: https://azcoinnews.com/xrp-php-registered-an-ath-of-6-026-million-on-5-march-on-the-philipines-corridor.html

[Scout]

Notice how the ODL Liquidity ATH just drives the price of XRP down further and further. Kind of an interesting metric to watch.

Edited March 12, 2020 by Scout

[SquaryBone]

12 hours ago, Scout said:

Notice how the ODL Liquidity ATH just drives the price of XRP down further and further. Kind of an interesting metric to watch.

What? Are you serious? Or is something lost in translation?

If you want to move 100$ and the XRP price goes down you need more XRP to send 100$. So the lower the price the higher the XRP volume.

[DirectorCoulson]

Xrapid didnt work

Odl did work but the other way around. 

 

Now we wait for the next re-branding of xrpeee liquidity 😂

[JASCoder]

7 hours ago, SquaryBone said:

What? Are you serious? Or is something lost in translation?

If you want to move 100$ and the XRP price goes down you need more XRP to send 100$. So the lower the price the higher the XRP volume.

That is for sure friend !
Just take a look at today's hourly XRP volume at Bitso (bottom is their hourly prices high/ave/low) on trades.

[SquaryBone]

10 hours ago, JASCoder said:

That is for sure friend !
Just take a look at today's hourly XRP volume at Bitso (bottom is their hourly prices high/ave/low) on trades.

Sorry I don't get what you mean. Then again I'm pretty tired