Cryptocurrencies MIOTA and XRP became the best tokens of the last day

According to analytical trackers, IOTA (MIOTA) and Ripple (XRP) were the best cryptocurrencies on Tuesday in terms of profitability for investors. We are talking exclusively about digital assets that are included in the list of the top 100 by capitalization.

The best result was recorded by MIOTA, whose quotes jumped by 7.54% yesterday. The digital asset was traded for $ 0.22. Its market capitalization reached $ 613.22 million, which allowed it to move up to the 69th line in the top ranking.

The volume of daily transactions with MIOTA almost tripled or 184.8%. This figure was recorded at $ 30.8 million. It is worth noting that the token is still trading 96% cheaper than its historical price high of $ 5.47.

The second place was taken by XRP, whose price reached $ 0.51, up 4.78%. The total supply of coins is $ 26.13 million. XRP’s trading volume was much higher than that of IOTA and reached $ 1.36 billion. According to Santiment, this week the XRP network recorded the second highest volume of user activity since its inception. Between May 26 and May 29, the number of intraday active XRP addresses increased from 18,090 to 490,350. This represents a 2600% jump in daily user activity.

Steady growth means increased demand for the network’s services. The last time a similar surge in XRP holder activity was observed was on March 19, 2023. Back then, the price of XRP rose by more than 42% within 10 days. Given that this time Ripple has achieved higher results by maintaining this level of network activity for 3 days in a row, holders of the coin can expect further growth in value in the coming weeks.