Micron Technology, Inc. (MU) vs XRP

Correlation Analysis

Insight

As of February 1, 2024, the exchange rate between XRP and Micron Technology shares reached a one-year low, indicating that XRP's value relative to MU decreased significantly over the past year.

Historical Triggers
  • February 1, 2024:XRP could purchase only 0.58 shares of MU, down from a high of 1.28 shares over the trailing twelve months.
Notes
  • The decline in XRP's purchasing power relative to MU shares suggests a stronger performance of Micron Technology stock compared to XRP over the past year.

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