On April 29, Nasdaq announced the addition of Brave New Coin’s XRP Liquid Index on the Nasdaq Global Index Data ServiceSM (GIDS). It also announced that the index would be live on May 01, however, the index, at press time, wasn’t accessible on both Brave New Coin and on Nasdaq. But an interesting revelation was the fact that the index showed up in a Google search.
A Twitter user @NaturallyPaid_ was the first to notice this and tweeted:
XRP community, go to your web browser and type “ XRPLX “ and look what pops up … BOOOOOOOOM 💥💥💥💥💥 @BakkupBradley @CKJCryptonews @paulandpaulxrp @MrsSpencerH1 @bob_way @BankXRP @Rob_Cash71 #XRP #XRPCOMMUNITY #XRPTHESTANDARD #HODLXRP pic.twitter.com/pyqF8PiGaR
— Charles Hunter (@Naturallypaid__) May 10, 2019
BankXRP, an XRP enthusiast suggested that since the index wasn’t live on Nasdaq’s site, Google might have been “pulling it from Nasdaq RSS feed”. In addition, the liquid index was also accessible on TradingView as well.
At press time, Brave New Coin’s website showed Bitcoin and Ethereum’s liquid index, but failed to show the XRP liquid index. The same was true with Nasdaq’s official website as well.
The price of XRP at the time of writing was at $0.3018, with a market cap of $12 billion. The Bitcoin rally hasn’t been kind to XRP as the 24-hour change was only 1.6%. Other altcoins have surged by massive amounts due to Bitcoin’s rally, and while this might not be good for the price, it is a good thing from a larger perspective. This suggests that XRP is not as correlated to Bitcoin as other altcoins are.
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