XRP (XRP) Achieves Market Capitalization of $129.51 Billion

XRP (XRP) traded 4.4% higher against the US dollar during the 24-hour period ending at 9:00 AM E.T. on March 2nd. One XRP coin can currently be purchased for $2.23 or 0.00002625 BTC on major exchanges. XRP has a total market cap of $129.51 billion and $3.26 billion worth of XRP was traded on exchanges in the last day. Over the last seven days, XRP has traded down 12.5% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded 2.7% lower against the dollar and now trades at $0.94 or 0.00001104 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1.2% against the dollar and now trades at $85,437.73 or 1.00373220 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% higher against the dollar and now trades at $85,330.83 or 1.00247631 BTC.

XRP Profile

XRP uses the hashing algorithm. Its launch date was January 1st, 2013. XRP’s total supply is 99,986,390,660 coins and its circulating supply is 57,949,738,512 coins. The Reddit community for XRP is https://reddit.com/r/ripple and the currency’s Github account can be viewed here. XRP’s official website is xrpl.org. XRP’s official message board is www.xrpchat.com. XRP’s official Twitter account is @ripple and its Facebook page is accessible 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.”

XRP Coin Trading

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

XRP/USD price chart by TradingView