XRP (XRP) Reaches Market Cap of $147.24 Billion

XRP (XRP) traded 4.1% lower against the dollar during the twenty-four hour period ending at 10:00 AM ET on February 18th. One XRP coin can now be purchased for approximately $2.55 or 0.00002669 BTC on exchanges. Over the last week, XRP has traded 3.1% higher against the dollar. XRP has a total market capitalization of $147.24 billion and $4.83 billion worth of XRP was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.8% against the dollar and now trades at $95,354.11 or 0.99952012 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% lower against the dollar and now trades at $94,966.63 or 0.99545851 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

XRP Profile

XRP uses the hashing algorithm. Its launch date was January 1st, 2013. XRP’s total supply is 99,986,451,428 coins and its circulating supply is 57,818,864,895 coins. XRP’s official website is xrpl.org. The Reddit community for XRP is https://reddit.com/r/ripple and the currency’s Github account can be viewed here. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. XRP’s official message board is www.xrpchat.com.

According to CryptoCompare, “XRP is a highly efficient cryptocurrency built on the XRP Ledger, a decentralised blockchain designed to facilitate fast, affordable transactions across borders. Its primary use case is in bridging currencies for global payments, with additional applications in decentralised finance, tokenisation, and everyday transactions. Created by McCaleb, Britto, and Schwartz in 2012, XRP’s ecosystem continues to evolve, driven by a global community of developers and validators.”

XRP Coin Trading

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

XRP/USD price chart by TradingView