XRP Trading 18.8% Lower This Week (XRP)

XRP (XRP) traded down 5% against the dollar during the 24-hour period ending at 11:00 AM E.T. on March 10th. In the last week, XRP has traded 18.8% lower against the dollar. XRP has a market capitalization of $121.94 billion and $7.93 billion worth of XRP was traded on exchanges in the last day. One XRP coin can currently be bought for $2.10 or 0.00002627 BTC on major cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded down 4.2% against the dollar and now trades at $0.74 or 0.00000924 BTC.
• 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 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.BBN (SOLVBTC.BB) traded down 5.3% against the dollar and now trades at $80,190.13 or 1.00288588 BTC.
• SolvBTC (SOLVBTC) traded down 4.4% against the dollar and now trades at $79,838.37 or 0.99848662 BTC.

XRP Coin Profile

XRP (CRYPTO:XRP) uses the hashing algorithm. It launched on January 1st, 2013. XRP’s total supply is 99,986,368,206 coins and its circulating supply is 58,043,299,826 coins. The Reddit community for XRP is https://reddit.com/r/ripple and the currency’s Github account can be viewed here. 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.

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 presently possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to trade XRP should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the aforementioned exchanges.

XRP/USD price chart by TradingView