XRP Trading 6.3% Higher Over Last 7 Days (XRP)

XRP (CURRENCY:XRP) traded 1.8% higher against the U.S. dollar during the one day period ending at 20:00 PM ET on October 13th. XRP has a total market cap of $52.99 billion and approximately $3.63 billion worth of XRP was traded on exchanges in the last 24 hours. During the last week, XRP has traded 6.3% higher against the U.S. dollar. One XRP coin can currently be bought for $1.13 or 0.00001965 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Tether (USDT) traded up 0% against the dollar and now trades at $1.00 or 0.00001738 BTC.
  • Polkadot (DOT) traded up 15.6% against the dollar and now trades at $41.02 or 0.00071307 BTC.
  • SHIBA INU (SHIB) traded down 1.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Internet Computer (ICP) traded 0.4% higher against the dollar and now trades at $43.80 or 0.00076130 BTC.
  • Filecoin (FIL) traded 3.8% lower against the dollar and now trades at $67.58 or 0.00117473 BTC.
  • Bitcoin BEP2 (BTCB) traded up 1.8% against the dollar and now trades at $57,377.35 or 0.99740078 BTC.
  • Lido stETH (STETH) traded up 2.3% against the dollar and now trades at $3,580.31 or 0.06223720 BTC.
  • stETH (Lido) (STETH) traded 3.2% higher against the dollar and now trades at $3,479.19 or 0.06807369 BTC.
  • eCash (XEC) traded 2.5% lower against the dollar and now trades at $0.0002 or 0.00000000 BTC.
  • Klaytn (KLAY) traded down 2.5% against the dollar and now trades at $1.62 or 0.00002812 BTC.

About XRP

XRP launched on January 1st, 2013. XRP’s total supply is 99,990,202,996 coins and its circulating supply is 46,878,114,887 coins. The official website for XRP is ripple.com/xrp. XRP’s official message board is www.xrpchat.com. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here.

According to CryptoCompare, “The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The World’s First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.       “

XRP Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade 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.

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