The ripple price received a 13 percent bump after the fintech startup revealed that it had put its 55 billion XRP tokens into escrow.

[virtualworld92]

Ripple Price Rallies 13 Percent

The ripple price had spent the majority of the week in decline, falling from $0.254 on December 1 to $0.222 this morning. However, shortly before 1:00 UTC, the ripple price shot up as high as $0.272 before leveling off to a present value of $0.250 — a 12-hour gain of nearly 13 percent.

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