XRP 24 Hour Volume Hits $2.38 Billion (XRP)

XRP (XRP) traded down 5% against the U.S. dollar during the 1 day period ending at 9:00 AM ET on April 16th. One XRP coin can now be bought for approximately $0.49 or 0.00000774 BTC on popular exchanges. During the last week, XRP has traded 22.5% lower against the U.S. dollar. XRP has a market capitalization of $26.92 billion and $2.38 billion worth of XRP was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 5% against the dollar and now trades at $0.35 or 0.00000554 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 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3% lower against the dollar and now trades at $0.0086 or 0.00000014 BTC.

XRP Profile

XRP (XRP) uses the hashing algorithm. It launched on January 1st, 2013. XRP’s total supply is 99,987,695,075 coins and its circulating supply is 55,119,895,152 coins. 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. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. The official website for XRP is xrpl.org.

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 presently possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the exchanges listed above.

XRP/USD price chart by TradingView