|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:||20 February, 2019 10:55:04|
|Current price, USD:||$0.328|
|Current price, BTC:||0.0000823|
|Market capitalization, USD:||$13 536 578 052|
|Available supply:||41 308 998 845 XRP|
|Volume 24 hours, USD:||$816 657 624|
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, $|
|20 Feb||0.327||0.327||0.332||13 488 465 873|
|19 Feb||0.340||0.322||0.342||14 020 986 668|
|18 Feb||0.311||0.309||0.329||12 812 972 392|
|17 Feb||0.302||0.299||0.313||12 428 999 976|
|16 Feb||0.303||0.301||0.303||12 483 595 013|
|15 Feb||0.304||0.3||0.304||12 507 421 018|
|14 Feb||0.303||0.302||0.306||12 503 291 551|
|13 Feb||0.306||0.303||0.306||12 623 565 014|
|12 Feb||0.301||0.3||0.311||12 395 536 937|
|11 Feb||0.304||0.301||0.307||12 510 510 517|
|XRP price change 24 hours||-1.8%|
|XRP price change 7 days||7.84%|
XRP showed better dynamics than the market, adding more than 24%. for those who managed to buy and is in position, the right thing to hold it. For those who could not do this, it may be better to wait for the correction and buy the asset with the best profit / risk ratio.
Recently, any individuality in the nature of the XRP movement is not noticed, it will be able to reveal its potential for a cryptocurrency only after the overall market trend changes.
If by the end of the year Ripple partners start using XRP in their daily activities, then growth to $ 1 may well take place. Then everything will depend on the development and use of XRP. As soon as people see that this has really happened, interest in cryptocurrency will increase, as will its value.
XRP - excellent dynamics over the past 7 days! I am watching Ripple closely for some time, and the team is on right track. They have just announced their entry to the Asian and the Middle East market, through opening an operations center in Dubai by the end of 2018 - and the news has been reflected in the price immediately. The Middle East is a new market for Ripple, but very important. A lot of people working here are foreigners who constantly send money home, to other countries and face large commissions for transfers. It's high time to jump on this train before it's not too late.
The price of XRP declined in October by 22%, but this figure looks quite normal if we recall that in September the coin showed a 75% increase. From a technical point of view, quotes are in the area of the trend line and can rebound at any time. Recently, the pair shows the dynamics along with the market, but in the long terms the fundamental factors are still on the bulls side.
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