XRP xrp

+ 0.96 % $ 0.453783
$0.439834 24H Range $0.467558
Market Data
Price $ 0.453783
Volume $ 1,699,645,526.00
Volume / Market Cap 0.0751
Circulating Supply 49,900,666,456.00
Total Supply 99,989,286,233.00
Max Supply 100,000,000,000.00
Market Cap $ 22,645,809,810.00
Fully diluted market cap $ 45,381,778,277.00
Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time. Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count. Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon. In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense. XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.
XRP (xrp) Price Chart
0.70 %
462,141.68 XRP

$ 0.4545
BTC 0.00002325

$ 0.457933
BTC 0.00002342

TA for XRP

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Saige prediction for xrp
Predicted Price: $0
Realised Price: $0
Predicted Price: $0
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News about XRP
World’s Largest Banks Have Exposure to $DOT, $XRP, and $ADA, Study Shows
cryptoglobe.com • 2 hours ago
Trader Who Nailed 2022 Bitcoin Collapse Predicts Big Correction for XRP, Updates Outlook on Two Low-Cap Altcoins
dailyhodl.com • 5 hours ago
XRP Price Prediction: On-Chain Metrics Flash Short-Term Recovery
beincrypto.com • 9 hours ago
Polkadot, XRP, Cardano among the top 10 crypto assets chosen by banks – BIS study
finbold.com • 15 hours ago
XRP Volcano Going to Blow Soon, Bestselling Author Bryant McGill Believes
u.today • 16 hours ago
Markets: Bitcoin, Ether slip; XRP slumps; Hang Seng Index touches 11-year low in Hong Kong
forkast.news • 17 hours ago
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