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HomeCrypto NewsMarketHere Are Most Extreme XRP Price Glitches Ever Recorded—From $0.0001 to $161M

Here Are Most Extreme XRP Price Glitches Ever Recorded—From $0.0001 to $161M

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Numerous instances of XRP price glitch events have added to the intrigue surrounding XRP, making it a frequent topic of discussion among market participants.

Over the years, XRP has experienced multiple price anomalies. Each glitch has ranged from unusually low to absurdly high. However, data shows that most of them have been the result of technical malfunctions or illiquid markets. 

Notably, these glitches did not reflect actual market sentiment or trades at the time but showed how vulnerable crypto platforms can be to data feed errors or low liquidity issues. Here’s a chronological breakdown of XRP’s most striking price glitches.

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XRP Price Glitch Events from 2019 to 2023

The earliest widely reported XRP price glitch occurred on Jan. 4, 2019, when Coinbase’s 1-minute chart bizarrely showed XRP priced at $7,308. This spike, out of sync with market reality, came from a technical error, possibly due to a data crossover with Bitcoin, which traded at a similar figure around that period.

Notably, another noticeable glitch happened on TradingView. The platform erroneously displayed XRP trading at $9,864, despite its actual market price hovering between $0.20 and $0.22. The issue remained isolated to TradingView’s interface and didn’t reflect real-time exchange pricing.

In December 2021, a dramatic system error on CoinMarketCap and Coinbase falsely displayed XRP’s value at a staggering $161 million. The anomaly wasn’t limited to XRP, as many other assets showed similarly inflated values. Both platforms responded swiftly, correcting the data feed malfunction.

By October 2023, CoinMarketCap was again at the center of another XRP price glitch. This time, the platform listed XRP at $34,603, even though the actual market price was around $0.5655. 

March 2024 saw another bizarre event, this time on the Atlantis Exchange. XRP spiked to $70 on this lesser-known platform. The cause appeared to be limited liquidity, which often leads to dramatic and unrealistic price movements on low-volume exchanges.

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Meanwhile, one of the most publicized XRP price glitch events occurred on Aug. 10, 2023, when Gemini listed XRP for the first time. Moments after, XRP’s price surged to $50, far above the market rate. The sudden spike likely resulted from a thin order book combined with high user demand during relisting.

Further Anomalies Between 2024 and 2025

Further, in April 2023, Bitrue’s derivatives platform experienced a sharp XRP price crash to $0.0001. The drop triggered widespread long position liquidations before prices rebounded. Though brief, the glitch led to massive losses for leveraged traders.

Meanwhile, in July 2024, MEXC saw XRP’s spot price climb 228% within a single minute, momentarily hitting $2 while the broader market still priced it at around $0.60. The price returned to normal within four minutes. They confirmed the event as a temporary glitch in a specific trading pair.

On Aug. 18, 2024, Coinbase briefly showed XRP price at $22.50. However, the actual value remained steady between $0.56 and $0.57. Further, in October 2024, Binance registered another anomaly. Participant, a trader’s video captured XRP spiking to $5,791, then briefly correcting to $579 before surging back to the initial erroneous figure.

Now, the most recent XRP price glitch occurred last month, but not on traditional exchange or price data platforms. This latest anomaly occurred on live American TV, reaching a broader audience, as XRP price spiked to $21,000 on the Real America’s voice, a U.S. news channel.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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