XRP briefly hits $50 on Gemini as users suspect relisting ‘price glitch’ By Cointelegraph

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Crypto users have reported seeing “wonky” prices for Ripple’s (XRP) token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits and trading.

Several crypto community members on X (Twitter) on Aug. 11 posted screenshots of what many have described as a “price glitch” that has seen XRP’s displayed price on the exchange rise above $1 a number of times and even spiking to $50 on one occasion.

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Gemini also noted it had disabled cryptocurrency deposits and withdrawals on Aug. 10, 10:45 am UTC. Source: Gemini