Ripple Trading Down 11.3% Over Last Week (CRYPTO:XRP)

Ripple (CURRENCY:XRP) traded down 3.5% against the dollar during the one day period ending at 10:00 AM Eastern on April 16th. Ripple has a market cap of $32.04 billion and approximately $632.68 million worth of Ripple was traded on exchanges in the last 24 hours. One Ripple coin can currently be purchased for approximately $0.82 or 0.00009192 BTC on popular exchanges including CoinFalcon, GOPAX, BitBay and LakeBTC. In the last week, Ripple has traded down 11.3% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Stellar (XLM) traded 1% lower against the dollar and now trades at $0.43 or 0.00004833 BTC.
• TRON (TRX) traded down 9.2% against the dollar and now trades at $0.0868 or 0.00000975 BTC.
• NEO (NEO) traded down 7.9% against the dollar and now trades at $79.84 or 0.00896788 BTC.
• IOTA (MIOTA) traded down 7.1% against the dollar and now trades at $1.84 or 0.00020659 BTC.
• Tether (USDT) traded 0.4% higher against the dollar and now trades at $1.00 or 0.00011286 BTC.
• VeChain (VEN) traded down 7.6% against the dollar and now trades at $4.35 or 0.00048818 BTC.
• Binance Coin (BNB) traded down 4.6% against the dollar and now trades at $13.82 or 0.00155242 BTC.
• Ontology (ONT) traded up 0.8% against the dollar and now trades at $8.21 or 0.00092159 BTC.
• Populous (PPT) traded down 10.5% against the dollar and now trades at $23.31 or 0.00261794 BTC.
• Zilliqa (ZIL) traded down 5.8% against the dollar and now trades at $0.10 or 0.00001134 BTC.

Ripple Profile

Ripple’s genesis date was February 2nd, 2013. Ripple’s total supply is 99,992,334,929 coins and its circulating supply is 39,146,203,398 coins. The official message board for Ripple is www.xrpchat.com. Ripple’s official Twitter account is @Ripple and its Facebook page is accessible here. The official website for Ripple is ripple.com. The Reddit community for Ripple is /r/ripple and the currency’s Github account can be viewed here.

According to CryptoCompare, “The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The World’s First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.       “

Ripple Coin Trading

Ripple can be purchased on these cryptocurrency exchanges: Bittrex, Zebpay, BitFlip, CoinEgg, Abucoins, Stellar Decentralized Exchange, Ovis, Bitbns, Vebitcoin, The Rock Trading, Fatbtc, Poloniex, BTC Markets, BuyBitcoin, BitMarket, Bits Blockchain, BuyUcoin, Koineks, BX Thailand, LakeBTC, ZB.COM, Korbit, CEX.IO, OKEx, CoinFalcon, Bitstamp (Ripple Gateway), Huobi, Bitbank, Bitstamp, GOPAX, Exmo, Koinex, RippleFox, Kuna, Bitfinex, BCEX, Qryptos, Quoine, Gatehub, Cryptomate, CoinEx Market, BTC Trade UA, Mr. Exchange, xBTCe, Sistemkoin, LiteBit.eu, Gate.io, Kraken, Coinbe, Exrates, Upbit, Bithumb, Bitsane, Orionx, Altcoin Trader, Coinrail, OTCBTC, BitBay, Braziliex, Unocoin, Coinone, Bitso, Bitlish, BTCTurk, Tripe Dice Exchange, CoinBene, Binance, Indodax, Ripple China and HitBTC. It is usually not presently possible to purchase alternative cryptocurrencies such as Ripple directly using U.S. dollars. Investors seeking to acquire Ripple should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ripple using one of the aforementioned exchanges.

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