XRP Price Glitch Shocks Viewers with Skyrocketing Value on Live TV
A significant price glitch displayed XRP as $21,355 on live television, alarming viewers. Other cryptocurrencies like Bitcoin and Ethereum also showed erroneous values. This incident has sparked discussions on the accuracy of financial data feeds, raising concerns among investors. Currently, XRP is trading at $2.10, despite recent declines in value.
A recent episode of Real America’s Voice’s American Sunrise Early Edition featured a substantial error, exhibiting the price of XRP as $21,355. This glitch occurred during the market outlook segment, and viewers were shocked to see the price fluctuate between $2.22 and $21,355, marking an extraordinary 961,936% increase from its actual price. The incident has garnered significant attention within the cryptocurrency community, raising concerns regarding inaccuracies in financial data feeds.
In addition to XRP, other notable cryptocurrencies also displayed erroneous pricing. Bitcoin was shown at $43,636, approximately 50% below its true value, while Ethereum surged to $6,000, representing a 156% increase. Solana experienced a rise to $2,896 (1,983% surge), Dogecoin soared to $32 (15,900% increase), and Cardano climbed to $69, reflecting a remarkable 10,198% rise.
During the broadcast, host Jake Novak did acknowledge the pricing anomaly of Bitcoin by stating that the “graph had gone a little funky,” yet he did not address the significant glitch associated with XRP. This lack of commentary led to increased speculation among vigilant viewers and cryptocurrency investors regarding the reliability of the data feeds utilized by financial news outlets.
XRP is not unfamiliar with pricing discrepancies; a prior incident in June 2024 saw it incorrectly listed at $9,864 on TradingView. Furthermore, in October 2023, Binance users encountered XRP at $5,791 due to a data feed malfunction, followed by another glitch in November 2023, where CoinMarketCap briefly recorded XRP at $1,919, bewildering traders. These recurring inaccuracies raise pivotal questions about the dependability of financial platforms, as they may mislead investors and incite unnecessary market reactions.
Currently, XRP is trading at $2.10, reflecting a 5.5% decrease over the last 24 hours, with a decline of 12.9% over the past week and a 7.3% drop in the last month. Despite the declining price, XRP’s trading volume has increased by 14.5%, reaching $4.18 billion, indicative of continued market engagement.
In summary, the unexpected price glitch of XRP to $21,355 during a live segment has raised significant concerns regarding the accuracy of financial data feeds. The incident, alongside other errant price displays of major cryptocurrencies, highlights the necessity for improved data reliability to protect investors from potential misinformation. As XRP presently trades at $2.10 with a notable decline in recent days, the market’s active participation persists despite these fluctuations.
Original Source: www.cryptotimes.io
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