The first peak in price occurred in May 2017, possibly related to the opening of offices in Singapore and Mumbai. At that time, the value of one Ripple coin was 0.34 USD. The second peak occurred in January 2018, with the highest price reaching $3.84. Throughout 2018, the price gradually decreased to $0.29 by September.
Comparing the dynamic price of Ripple with its news background, it is easy to notice that announcements of large banks or payment services joining the Ripple network would cause short-term price surges. Therefore, it is important to pay attention to various information sources in order to profit from Ripple's price movements.
