<ul class="news-points"> 
 <li>XRP’s daily trade volume on December 21, 2023, was lower than that recorded in the past six years.&nbsp;</li> 
 <li>The 1.9 billion trade volume recorded on Thursday is lower than last year’s 2.4 billion and significantly less than the 19 billion recorded in 2020.&nbsp;</li> 
 <li>Crypto sleuth said the trade volume slump trend is affecting not only XRP but other tokens like Bitcoin and Ethereum.</li> 
</ul> 
Following a recent but short-lived uptick in <a href="https://coinedition.com/ripple-xrp-price-prediction/">XRP’s value</a>, notable community members have pointed out a drop in the token’s trade volume despite increased investors’ confidence in the market.&nbsp; 
In a recent tweet shared on X (formerly Twitter), reputed lawyer Bill Morgan made an observation concerning XRP’s trade volume over previous years. Per the post, Morgan highlighted that the present XRP’s trade volume on December 21, 2023, is lower than that recorded on any day in the last six years.&nbsp; 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img decoding="async" width="598" height="595" src="https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume.png" alt="" class="wp-image-356763" srcset="https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume.png 598w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-300x298.png 300w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-380x378.png 380w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-89x89.png 89w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-447x445.png 447w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-248x247.png 248w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-241x240.png 241w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-166x165.png 166w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-212x211.png 212w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-70x70.png 70w, https://coinedition.com/wp-content/uploads/2023/12/XRP-Trade-Volume-75x75.png 75w" sizes="(max-width: 598px) 100vw, 598px">
 <figcaption class="wp-element-caption">
 <a href="https://twitter.com/Belisarius2020/status/1738067749900111902?s=20" target="_blank" rel="nofollow">XRP’s Trade Volume</a>
 </figcaption>
 </figure>
</div> 
The lawyer made this comment following an analysis posted by Ripple Enthusiast, “Wrath of Kahneman,” which showed XRP trade volume on December 21 in the past six years. In particular, the data showed that XRP trade volume for December 21 of this year came in at around …
The post <a href="https://coinedition.com/xrp-advocate-raises-concern-over-decline-in-xrps-trade-volume/">XRP Advocate Raises Concern Over Decline in XRP’s Trade Volume</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

XRP Advocate Raises Concern Over Decline in XRP’s Trade Volume

Coin Edition

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