XRP Reaches Market Capitalization of $34.07 Billion (XRP)

XRP (XRP) traded 9.7% higher against the US dollar during the 1-day period ending at 10:00 AM E.T. on November 10th. XRP has a market cap of $34.07 billion and $3.09 billion worth of XRP was traded on exchanges in the last 24 hours. One XRP coin can now be purchased for $0.60 or 0.00000756 BTC on popular exchanges. In the last seven days, XRP has traded up 21% against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 4.1% higher against the dollar and now trades at $79,377.49 or 1.00115321 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.1% higher against the dollar and now trades at $79,323.21 or 1.00046865 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About XRP

XRP uses the hashing algorithm. It was first traded on January 1st, 2013. XRP’s total supply is 99,987,041,380 coins and its circulating supply is 56,868,662,755 coins. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. The official website for XRP is xrpl.org. XRP’s official message board is www.xrpchat.com. The Reddit community for XRP is https://reddit.com/r/ripple and the currency’s Github account can be viewed here.

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.”

Buying and Selling XRP

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

XRP/USD price chart by TradingView