|Brief||Ripple is a centralized and premined cryptocurrency. Founded in 2012 the Ripple company has created RippleNet, a blockchain platform for global payments.|
|Last updated:||Monday, April 22, 2019 11:58:03PM UTC|
|Current price, USD:||$0.324|
|Current price, BTC:||0.0000603|
|Market capitalization, USD:||$13 606 823 301|
|Available supply:||42 004 966 728 XRP|
|Volume 24 hours, USD:||$1 131 094 080|
General XRP facts, technical details and general information about XRP crypto currency
Ripple is a centralized and premined cryptocurrency. Founded in 2012 the Ripple company has created RippleNet, a blockchain platform for global payments. Its token Ripple (XPP) is now one of the fastest growing digital assets and has the 5th largest market cap. The number of coins is limited to 100 billion XRP that are already built into the protocol, so they can’t be mined like Bitcoin. Inside the Ripple network, ordinary money (dollars, euros), and other coins and precious metals can be used. The main advantage of XRP coins is that the Ripple network can work directly with banks and corporations that control global financial flows. The rise of Ripple is driven by belief that in the XXI century the speed of financial transactions should be the same as the speed of information exchange. The modern level of money transfers from country to country, and between banks and organizations, is characterized by low speed and endless verification processes that can last several days. The Ripple system is working to accelerate all financial transactions and can already make money transfers within a few seconds.
We list daily XRP historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Apr 22||0.322||0.32||0.327||13 606 823 301|
|Apr 21||0.329||0.32||0.329||13 533 407 430|
|Apr 20||0.331||0.325||0.333||13 786 384 592|
|Apr 19||0.335||0.33||0.335||13 930 181 415|
|Apr 18||0.338||0.337||0.344||14 146 855 828|
|Apr 17||0.327||0.323||0.337||14 079 207 980|
|Apr 16||0.320||0.32||0.327||13 736 397 137|
|Apr 15||0.330||0.319||0.33||13 464 085 028|
|Apr 14||0.326||0.325||0.329||13 740 661 559|
|Apr 13||0.325||0.325||0.334||13 625 508 289|
|XRP price change 24 hours||0.65%|
|XRP price change 7 days||1.12%|
Ripple is not going to make the huge gains evereyone thinks they are going to. Although they’ve basically been declared “not a security” because of the CB listing, we can’t assume that the SEC will see it the same way. I truly don’t believe XRP is done correcting, as it had a very positive time during the bear market. It’s up significantly from 6 months ago, so you really need to take this with a grain of salt when viewing the price. Zoom out and look at the 1 week charts, it’s not going up from here- but down.
Basically, XRP has been declared not a security. This is as bullish as it gets from Ripple, since it's been claimed to be a security for the last year. Coinbase listed them, and CB is one of the most, if not the most, regulated crypto exchanges out there. The statement they made from listing XRP echoed across all platforms and crypto communities. Not only does it mean that XRP isn't a security, it means it will be more appealing to retail investors that were scared away by the potential actions by the SEC.
I put a big investment into XRP because of the rumors circulating around it getting listed on coinbase soon. This has one of the biggest gains for me because I was down already 80% from the bear market on a lot of altcoins. XRP is probably one of the safest choices when it comes to these cryptos.
XRP getting listed on Coinbase was one of the biggest achievements for XRP because it means that it more than likely isn't a security. Coinbase is heavily regulated and strictly complies with regulators. Them listing XRP is a huge buy signal. It means that it isn't a security and will be more widely adopted. XRP is a hedge to institutions such as SWIFT, and is already being used by many banks across the globe.
Today I was thinking that XRP was looking slightly bearish. Now reading that OKex will be opening up a fiat pair with XRP has got me thinking the opposite now. Pair this with the overall market trend and I think we've got a winner.
We publish the most accurate XRP Forecasts and News including crypto industry experts' opinion on a daily basis
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