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I think the speculation of Ripple on Coinbase is a huge factor in this price increase.
source
There have been a lot of images supposedly being leaks for Ripple on coinbase but ripple doesn't really seem to fit the GDAX standards that were put out all that well compared to some other contenders so who knows if it will happen.
It seems to some extent that these high circulating supply (lots of coins) low cost per coin alts are getting a lot of interest from people new to the crypto space because they don't understand the concept of market cap and just see a popular coin with a $1 price point and think awesome I'll put $100 into that.
Eventually that naiveté will have to fade and those low price point coins will probably correct, Ripple included.
https://steemit.com/bitcoin/@coinbizpro/how-to-earn-200-per-week
just my observations
Like I said, you spammed this out on your whole comments tab to tons of people.
Spam!
I will be flagging you from now on with this crap. You have been warned on 2 pages now by me.
It's crazy how much Ripple has grown, and I believe that one day BTC will fall from its long held #1 position.
Ripple is crap! :)
Why do you say that?
I just followed you cause your posts seems to be informative post you
can find similar crypto news on my steemit that might be productive
for you too...
@reewy
Nice post keep posting
great aritcle , ripple and stealler will be added on coinbase the next week
More brokers are finally adding Ripple to their offering list:
https://www.bnn.ca/video/bitcoin-luring-more-investors-who-don-t-understand-cryptocurrencies-coinsquare-ceo~1294737
Even more so: its nice to see that Ripple is having some incredibly helpful case studies in South Korea, which is basically a country-wide pilot for the currency:
https://cointelegraph.com/news/south-korea-more-than-doubled-ripples-price-in-single-week
Can't wait to see where this future is headed!