Happy Super Bowl Sunday! Today is a day filled with delicious food and amazing drinks! We firmly believe that the day after the Super Bowl should be a national holiday! Most people will be calling out of work anyways so why not just give everyone the day off!
Yesterday we covered the XRP/MXN liquidity index as we showed a new floor (in our eyes) as a brand new ATH was created. We showed data dating back to over a 60 day period and we seen a massive increase in the liquidity on the XRP/MXN pair. Here is the article from yesterday and you will find below the data.
XRP/MXN Liquidity Index
Today we are examining the newest fiat pair that was announced at SWELL 2019: The AUD to XRP.
The Australian dollar was announced at SWELL 2019 which took place in November of 2019. Boy, did this pair ramp up fast. Lets compare the liquidity index for the past 30 days. You will truly be amazed and what you are about to see.
January 2nd 2020 AUD/XRP Liquidity: -137,344
Yes that is right -137,344. So basically this paring didn’t have any transactions to put this into layman terms.
Now, lets have a look at the current moment (8:52am est):
February 2nd 2020 AUD/XRP Liquidity: 3,747,470
As you can see the AUD/XRP liquidity has ramped up in a major way. Yesterday we seen that the Mexican Peso doubled its liquidity in the span of 2 months and now we are seeing the AUD ramping up as it went from no use to over 3 million.
Stay tuned, tomorrow we will cover the Philippine peso. Make sure you follow https://twitter.com/LiquidityB