|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||9th December 2023|
|Max Coin Supply||99,988,397,127|
XRP (xrp) is a digital asset ranked as #5 in BitCourier Cryptocurrency List with market capitalisation of £22.65 Bn. Pound Sterling. In the last 24 hours XRP's trading volume exceeded £814.46 M.
Current price - £0.4249 GBP. Exchange rate xrp to USD is $0.71 for one coin.
During the last calendar year XRP price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by 2.18%. (xrp)'s peak price (All-time high) was £2.50 per coin, this point was reached on 7th January 2018 . From that moment till today XRP has lost -83.03% in value.
Ratings by crypto community, developers and liquidity are 51.794, 83.005, 81.070.
XRP is a digital asset of XRP-ledger – a technology that is open-source, decentralized, and permissionless by origin. This currency runs on the platform called RippleNet owned by Ripple company. The last one was established in 2012 and created XRP to be an alternative to existing international payment providers like SWIFT.
XRP is not designed for mining since around 100 billion tokens have been pre-mined already and only 38 billion tokens are available in the market at the moment. It is worth saying that 60% of XRP is owned by Ripple and the main role of this coin is to transfer other currencies and commodities. It is used for currency exchanges and fast international transactions.
The Ripple network serves as a decentralized exchange where everyone can buy XRP for fiat money or sell the amount possessed. The network operates on the basis of a consensus algorithm that replaces a traditional blockchain technology and has a notion of ‘complete agreement’ in its core.
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