XRP (XRP) 1-Day Volume Reaches $1.01 Billion

XRP (XRP) traded 2.4% higher against the US dollar during the twenty-four hour period ending at 12:00 PM ET on October 29th. XRP has a total market cap of $29.88 billion and approximately $1.01 billion worth of XRP was traded on exchanges in the last day. One XRP coin can now be purchased for $0.53 or 0.00000726 BTC on major cryptocurrency exchanges. Over the last week, XRP has traded down 1.3% against the US dollar.

Here’s how similar cryptocurrencies have performed over 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 5.1% higher against the dollar and now trades at $71,879.65 or 0.99240194 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.7% higher against the dollar and now trades at $71,525.75 or 0.98751588 BTC.

About XRP

XRP (CRYPTO:XRP) uses the hashing algorithm. Its genesis date was January 1st, 2013. XRP’s total supply is 99,987,068,281 coins and its circulating supply is 56,811,862,950 coins. The official message board for XRP is www.xrpchat.com. The official website for XRP is xrpl.org. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. 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 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.”

Buying and Selling XRP

It is usually not currently possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XRP using one of the exchanges listed above.

XRP/USD price chart by TradingView