XRP (XRP) Reaches Market Cap of $12.98 Billion
XRP (CURRENCY:XRP) traded up 2.4% against the dollar during the twenty-four hour period ending at 21:00 PM ET on October 27th. One XRP coin can now be purchased for approximately $0.30 or 0.00003120 BTC on exchanges including Bitinka, Indodax, Kuna and Binance. In the last week, XRP has traded up 2.5% against the dollar. XRP has a market cap of $12.98 billion and $2.24 billion worth of XRP was traded on exchanges in the last 24 hours.
Here is how other cryptocurrencies have performed in the last 24 hours:
- Tether (USDT) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00010408 BTC.
- Binance Coin (BNB) traded up 3.4% against the dollar and now trades at $19.42 or 0.00201822 BTC.
- Bitcoin SV (BSV) traded up 2.3% against the dollar and now trades at $142.57 or 0.01481946 BTC.
- TRON (TRX) traded up 27.6% against the dollar and now trades at $0.0210 or 0.00000219 BTC.
- Stellar (XLM) traded 4.9% higher against the dollar and now trades at $0.0658 or 0.00000684 BTC.
- Chainlink (LINK) traded 1.2% lower against the dollar and now trades at $2.69 or 0.00027954 BTC.
- NEO (NEO) traded 30% higher against the dollar and now trades at $12.10 or 0.00125738 BTC.
- COZ (COZ) traded 26.7% higher against the dollar and now trades at $0.22 or 0.00004541 BTC.
- Crypto.com Chain (CRO) traded 0.3% lower against the dollar and now trades at $0.0381 or 0.00000379 BTC.
- INO COIN (INO) traded up 3.3% against the dollar and now trades at $1.99 or 0.00020723 BTC.
XRP Coin Profile
XRP was first traded on February 2nd, 2013. XRP’s total supply is 99,991,316,762 coins and its circulating supply is 43,248,091,671 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. The official message board for XRP is www.xrpchat.com. XRP’s official Twitter account is @Ripple and its Facebook page is accessible 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 bought or sold on the following cryptocurrency exchanges: Coinrail, Coindeal, Upbit, Bithumb, Braziliex, ZB.COM, Coinone, Independent Reserve, LakeBTC, DigiFinex, Exmo, BitFlip, Tripe Dice Exchange, Kraken, OTCBTC, RippleFox, DragonEX, BtcTurk, Bitstamp, Vebitcoin, GOPAX, Zebpay, Bitlish, OKEx, CoinEgg, Koinex, Exrates, Binance, MBAex, Covesting, Fatbtc, Gatehub, Bitbank, Bitfinex, Bittrex, C2CX, Stellarport, Coinbe, Ovis, Liquid, BTC Markets, Koineks, Ripple China, Gate.io, Poloniex, BX Thailand, Cryptohub, Indodax, BTC Trade UA, BitMarket, Bits Blockchain, OpenLedger DEX, Stellar Decentralized Exchange, B2BX, Kuna, HitBTC, ABCC, Huobi, Korbit, Bitinka, Instant Bitex, Coinsquare, Cryptomate, Coinsuper, Coinhub, Sistemkoin, Bitsane, BitBay, Bitstamp (Ripple Gateway), CoinBene, CoinFalcon, Bitso, CEX.IO, Bitbns, WazirX, Altcoin Trader, BCEX, LiteBit.eu and FCoin. It is usually not currently possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first buy 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 buy XRP using one of the aforementioned exchanges.
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