XRP (XRP) Hits 1-Day Trading Volume of $4.10 Billion

XRP (XRP) traded up 3.5% against the dollar during the one day period ending at 21:00 PM Eastern on August 5th. XRP has a market capitalization of $28.72 billion and $4.10 billion worth of XRP was traded on exchanges in the last day. During the last seven days, XRP has traded down 15% against the dollar. One XRP coin can now be bought for about $0.51 or 0.00000912 BTC on popular exchanges.

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

• 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded down 2.1% against the dollar and now trades at $0.0119 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About XRP

XRP uses the hashing algorithm. It was first traded on January 1st, 2013. XRP’s total supply is 99,987,385,748 coins and its circulating supply is 55,999,283,950 coins. The official message board for XRP is www.xrpchat.com. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. XRP’s official website is xrpl.org. 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 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).”

XRP Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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