XRP (XRP)

0.92 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

3875137604>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

41448614959>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

50,799,084,881.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

99,989,130,718.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

100,000,000,000.00
Low High
Week Month Year All Time
High

Jan 26 2023

0.41865928968
-0.97%

Jan 24 2023

0.426669312438
-2.83%

Feb 09 2022

0.880800320486
-52.93%

Jan 07 2018

-87.80%
Low

Jan 31 2023

0.396333702092
4.61%

Jan 06 2023

0.338417980055
22.51%

Jun 19 2022

0.309330958005
34.03%

May 22 2014

15,338.06%
For Detailed Research of XRP - Visit - XRP (XRP)

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Coin Info

Ripple is a catch-all term for the cryptocurrency platform, the transactional protocol for which is basically XRP, in the same way as Ethereum is the name for the platform that supports Ether exchanges. Like the other cryptocurrencies, Ripple is based on the concept of a distributed ledger network, which calls for several participants to take part in transaction validation rather than a single centralized authority. This allows transactions all around the world, and transfer fees are much lower than with bitcoin and other cryptocurrencies. Unlike other cryptocurrencies, XRP transactions are extremely fast and don't need to wait for a usual confirmation.

Ripple was developed and is still supported by a single firm, Ripple Labs, instead of the wider network of developers that contribute to bitcoin's development.

It also doesn't have a variable amount of its currency in circulation. Whereas bitcoin has a constantly expanding pool with an ultimate maximum and Ethereum potentially has no limit, Ripple was founded with all 100 billion XRP tokens immediately. That amount is maintained without mining, and the majority of the tokens — over 60 billion at the last count — are owned and kept by Ripple Labs.

Regardless of the XRP price that has already dropped to below half a dollar, Ripple Labs is still holding over $16 billion worth of the cryptocurrency. Ripple Labs is seeking to use the XRP technology to speed up financial transactions globally. While Bitcoin and other cryptocurrencies are created on the concept of isolating financial transactions from the financial organizations of traditional currencies,  Ripple is nearly the polar opposite in every way. This page contains the XRP by Ripple price, as well as the market capitalization and other statistics.

To know more about the XRP price prediction, install the top cryptocurrency app CoinGabbar today!

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