XRP Market Capitalization Reaches $8.82 Billion (XRP)

   2020-05-23 21:05

XRP (CURRENCY:XRP) traded 0.5% lower against the dollar during the 1-day period ending at 17:00 PM ET on May 23rd. In the last seven days, XRP has traded 0.1% lower against the dollar. XRP has a total market cap of $8.82 billion and $1.48 billion worth of XRP was traded on exchanges in the last 24 hours. One XRP coin can currently be bought for approximately $0.20 or 0.00002172 BTC on popular exchanges including Ripple China, Gate.io, BtcTurk and Bitlish.

Here is how similar cryptocurrencies have performed in the last 24 hours:



  • Innovative Bioresearch Classic (INNBCL) traded down 0.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Tether (USDT) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00010864 BTC.
  • Bitcoin SV (BSV) traded 1.1% lower against the dollar and now trades at $193.39 or 0.02100458 BTC.
  • TAGZ5 (TAGZ5) traded up 1.5% against the dollar and now trades at $8.58 or 0.00093209 BTC.
  • Binance Coin (BNB) traded down 0.9% against the dollar and now trades at $16.58 or 0.00180098 BTC.
  • InnovativeBioresearchClassic (INNBCL) traded up 20.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Chainlink (LINK) traded down 2% against the dollar and now trades at $4.01 or 0.00043556 BTC.
  • Stellar (XLM) traded down 0.9% against the dollar and now trades at $0.0679 or 0.00000737 BTC.
  • TRON (TRX) traded 0.5% higher against the dollar and now trades at $0.0151 or 0.00000164 BTC.
  • Neo (NEO) traded down 2.2% against the dollar and now trades at $10.24 or 0.00111272 BTC.

About XRP

XRP was first traded on February 2nd, 2013. XRP’s total supply is 99,990,976,125 coins and its circulating supply is 44,112,853,111 coins. The official website for XRP is ripple.com/xrp. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. XRP’s official message board is www.xrpchat.com. The Reddit community for XRP 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.”

XRP Coin Trading

XRP can be traded on the following cryptocurrency exchanges: Coindeal, CoinFalcon, HitBTC, Bittrex, Kuna, Bitso, CoinEgg, ABCC, Altcoin Trader, Korbit, Bitbank, Instant Bitex, LakeBTC, DigiFinex, BtcTurk, Bitinka, Upbit, RippleFox, CoinBene, Binance, Exrates, CEX.IO, Coinbe, Stellarport, Vebitcoin, Coinsquare, B2BX, Koineks, Ripple China, ZB.COM, BitBay, Poloniex, Bitstamp, Coinsuper, OpenLedger DEX, Bitsane, Gatehub, Coinrail, Koinex, Liquid, Fatbtc, BTC Markets, Huobi, BTC Trade UA, OTCBTC, Zebpay, Ovis, Bitbns, Cryptohub, GOPAX, BitFlip, Tripe Dice Exchange, WazirX, Coinone, C2CX, Indodax, Bithumb, Cryptomate, Gate.io, Coinhub, LiteBit.eu, Independent Reserve, Sistemkoin, Bitfinex, Stellar Decentralized Exchange, BCEX, BX Thailand, Braziliex, MBAex, Bitlish, BitMarket, Kraken, Bits Blockchain, Covesting, DragonEX, FCoin, Exmo, OKEx and Bitstamp (Ripple Gateway). It is usually not currently possible to purchase alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the exchanges listed above.

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