XRP Price Reaches $0.35 on Top Exchanges (XRP)
Here’s how other cryptocurrencies have performed over the last day:
- JUMPN (JST) traded 54% lower against the dollar and now trades at $5.46 or 0.00018651 BTC.
- Tether (USDT) traded down 0% against the dollar and now trades at $1.00 or 0.00004371 BTC.
- Sweet SOL (SSOL) traded up 600.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
- Bitsubishi (BITSU) traded down 18.7% against the dollar and now trades at $88.76 or 0.00387956 BTC.
- Wrapped Cardano (WADA) traded 5.4% higher against the dollar and now trades at $0.51 or 0.00002184 BTC.
- CV SHOTS (CVSHOT) traded down 10.5% against the dollar and now trades at $5.05 or 0.00022019 BTC.
- Gateway Protocol (GWP) traded 3.5% lower against the dollar and now trades at $3.55 or 0.00015536 BTC.
- Lido stETH (STETH) traded 0.6% lower against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
- Qommodity (QAA) traded down 3.4% against the dollar and now trades at $0.40 or 0.00001760 BTC.
- Polkadot (DOT) traded 6.9% lower against the dollar and now trades at $7.35 or 0.00032147 BTC.
About XRP
XRP launched on January 1st, 2013. XRP’s total supply is 99,989,535,142 coins and its circulating supply is 48,343,101,197 coins. XRP’s official website is ripple.com/xrp. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here. XRP’s official message board 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. “
Buying and Selling XRP
It is usually not possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XRP using one of the exchanges listed above.
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