The prices of XRP, XLM and ADA Coins Rose During A Red Market

Bittime - Amid volatile cryptocurrency market conditions, coins dubbed “dino coins” managed to record gains over the weekend. XRP, XLM, and ADA showed substantial increases in the past 24 hours, with XRP leading the surge with an 8.9% increase against the US dollar on Saturday.

Significant Increase in “Dinosaur” Coins

Currently, the global cryptocurrency market capitalization stands at around $3.34 trillion, reflecting a modest increase of 1% in a day. Among the coins known as dino coins, XRP emerged as a star, trading at $2.56 per unit—a significant jump from its previous price of $2.39. The term “dino coins” refers to veteran cryptocurrencies that were pioneers in the early blockchain ecosystem.

When Will XRP Hit ATH $3.40?

XRP last hit an all-time high (ATH) on January 7, 2018, when the price hit $3.40 per coin. At its current price of $2.56, XRP is still 24.7% below that milestone. However, in the past year, XRP has seen an increase of 327.2% against the dollar, showing its continued appeal.

Read too XRP price (XRP)

Stellar (XLM) The Dinosaur Coin That's Still Rising

Stellar (XLM), which also falls into the dino coin category, saw a 7.7% rise in 24 hours and is now priced at $0.449 per coin. Over the past 12 months, XLM has surged 266.6%. However, like XRP, XLM has not touched an ATH in the past seven years, with its last record at $0.875 on January 3, 2018, four days before Currently, XLM is more than 48% below its peak price.

Read too How to Buy Stellar (XLM)

Cardano (ADA) The Last Dino Coin to Join the Rise

Cardano (ADA) also performed well among the top dino coins this weekend, with a 7.6% gain against the US dollar. While ADA's 12-month growth of 75.3% isn't as impressive as XRP and XLM, it still represents a decent double-digit increase. ADA's most recent ATH occurred on September 2, 2021, when the price hit $3.09 per coin. With its current price at $1.01, ADA is still 67.7% below its peak.

Read too How to Buy Cardano (ADA)

Meme Coin Inspired by Dinosaur Coin DOGE Has Rise

Dino-inspired meme coin Dogecoin (DOGE) also saw gains on Saturday, rising 4% against the dollar. At the time of writing, DOGE was trading at $0.347, with a 12-month growth of 313% that surpassed XLM's performance in the same period.

However, like ADA, DOGE also hit an ATH in 2021, when its price hit $0.731 per unit on May 8. Currently, DOGE is more than 52% below its peak.

Conclusion

Although the cryptocurrency community often jokingly refers to these resilient digital assets as “dino coins,” long-term holders appear to be enjoying positive returns, navigating this weekend's markets with a winning streak.

FAQ

1. What are "dino coins" in the world of cryptocurrency?

“Dino coins” is a term used to refer to veteran cryptocurrencies such as XRP, XLM, and ADA, which have been pioneers in the blockchain ecosystem since its inception. These coins are known for their stability and long-term appeal.

2. Why are XRP, XLM, and ADA prices rising even though the cryptocurrency market is in the red?

Despite the overall cryptocurrency market experiencing volatility, XRP,

3. When did XRP reach its all-time high (ATH) and what is its current price?

XRP reached ATH on January 7, 2018, at $3.40 per coin. Currently, XRP is trading around $2.56, which is still 24.7% below that peak, despite a 327.2% gain in the past year.

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Reference

Jamie Redman, ‘Dino Coins’ Roar Back: XRP, XLM, and ADA Lead the Charge in Weekend Gains, Accessed January 13, 2025

Author: IN