XRP (XRP) Price Tops $0.53

XRP (XRP) traded 2.4% higher against the U.S. dollar during the 24 hour period ending at 12:00 PM E.T. on October 29th. XRP has a total market capitalization of $29.88 billion and approximately $1.01 billion worth of XRP was traded on exchanges in the last 24 hours. One XRP coin can currently be purchased for about $0.53 or 0.00000726 BTC on major exchanges. Over the last week, XRP has traded 1.3% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• 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.
• 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.
• Lumi Credits (LUMI) traded up 8.9% 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 up 4.7% against the dollar and now trades at $71,525.75 or 0.98751588 BTC.

XRP Profile

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. 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. XRP’s official website is xrpl.org. The official message board for XRP is www.xrpchat.com.

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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the exchanges listed above.

XRP/USD price chart by TradingView