The delisted crypto asset XRP just made a brief reappearance on Coinbase Pro, causing its price to jump 14% in a matter of minutes.

The top US-based exchange removed the ability to trade the token on its platform soon after the U.S. Securities and Exchange Commission (SEC) launched its lawsuit against Ripple, which claims Ripple sold XRP as an unregistered security for years.


Coinbase says a glitch caused XRP to appear on its professional trading platform, and the coin was quickly removed.

Source: CoinGecko

The exchange says no one was actually able to buy or sell the token.

“As previously announced, Coinbase has suspended trading in XRP.

Due to a technical issue, XRP was temporarily viewable on the Coinbase Pro mobile app for some customers but was not tradeable.”

After a brief spike to $1.24, XRP’s price dipped back down to $1.08 at time of writing.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix


Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Wutana Thongkuanluek

The post XRP Price Spikes After Sudden Reappearance on Coinbase appeared first on The Daily Hodl.