XRP (XRP) Price Hits $0.87 – WKRB News

   2021-05-29 11:05


XRP (CURRENCY:XRP) traded down 1.4% against the dollar during the 1 day period ending at 7:00 AM E.T. on May 29th. XRP has a market cap of $39.99 billion and approximately $5.12 billion worth of XRP was traded on exchanges in the last 24 hours. Over the last seven days, XRP has traded down 7.8% against the dollar. One XRP coin can currently be bought for approximately $0.87 or 0.00002468 BTC on exchanges.



Here is how related cryptocurrencies have performed over the last 24 hours:


  • Tether (USDT) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00002849 BTC.
  • Polkadot (DOT) traded 1.9% lower against the dollar and now trades at $20.90 or 0.00059522 BTC.
  • Internet Computer (ICP) traded 4.7% lower against the dollar and now trades at $112.43 or 0.00320144 BTC.
  • Filecoin (FIL) traded 1.3% lower against the dollar and now trades at $66.51 or 0.00189399 BTC.
  • Klaytn (KLAY) traded 1.2% lower against the dollar and now trades at $1.43 or 0.00004062 BTC.
  • SHIBA INU (SHIB) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • KnoxFS (old) (KFX) traded up 4.3% against the dollar and now trades at $19.25 or 0.00049793 BTC.
  • SafeMoon (SAFEMOON) traded 0.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Kusama (KSM) traded down 3.1% against the dollar and now trades at $276.25 or 0.00786611 BTC.
  • THORChain (RUNE) traded 6.3% lower against the dollar and now trades at $10.78 or 0.00030687 BTC.

About XRP

XRP launched on January 1st, 2013. XRP’s total supply is 99,990,424,619 coins and its circulating supply is 46,143,602,688 coins. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here. XRP’s official website is ripple.com/xrp. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The official message board for XRP is www.xrpchat.com.

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

It is usually not possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the aforementioned exchanges.



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