XRP (XRP) Market Cap Hits $25.93 Billion

XRP (XRP) traded 3.3% lower against the US dollar during the 1-day period ending at 13:00 PM ET on June 14th. One XRP coin can currently be purchased for $0.47 or 0.00000714 BTC on cryptocurrency exchanges. During the last week, XRP has traded down 10.7% against the US dollar. XRP has a total market capitalization of $25.93 billion and $1.13 billion worth of XRP was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded 2.5% lower against the dollar and now trades at $0.22 or 0.00000343 BTC.
  • 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.1% higher against the dollar and now trades at $0.0104 or 0.00000016 BTC.

About XRP

XRP uses the hashing algorithm. Its genesis date was January 1st, 2013. XRP’s total supply is 99,987,531,962 coins and its circulating supply is 55,570,463,728 coins. The Reddit community for XRP is https://reddit.com/r/ripple and the currency’s Github account can be viewed here. The official message board for XRP is www.xrpchat.com. The official website for XRP is xrpl.org. XRP’s official Twitter account is @ripple and its Facebook page is accessible here.

According to CryptoCompare, “XRP is the native token of the XRP Ledger, a digital asset that aims to offer fast and green transactions, and to be a practical cryptocurrency for financial services. It can handle thousands of transactions per second, relies on hundreds of validators, and is designed to complement traditional payment methods. All 100 billion XRP were distributed at creation, with some going to its creators and others being sent out through gifts and giveaways. Ripple, a for-profit company founded in 2012, plays a critical role in developing the XRP Ledger and its ecosystem, and promotes the use of XRP through its RippleNet product, which offers connections to financial institutions worldwide and uses XRP for cross-border transactions. Notable individuals involved in creating XRP include Jed McCaleb, Arthur Britto, and Chris Larsen, who also co-founded OpenCoin (later rebranded as Ripple).”

Buying and Selling XRP

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

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