XRP (XRP) Price Tops $3.24 on Top Exchanges

XRP (XRP) traded 2.6% lower against the US dollar during the 1 day period ending at 11:00 AM Eastern on January 17th. One XRP coin can currently be purchased for about $3.24 or 0.00003095 BTC on major cryptocurrency exchanges. During the last week, XRP has traded 42.4% higher against the US dollar. XRP has a market capitalization of $186.57 billion and approximately $16.38 billion worth of XRP was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 5.1% against the dollar and now trades at $104,166.24 or 0.99470825 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 5.3% higher against the dollar and now trades at $103,218.90 or 0.98566189 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

XRP Profile

XRP uses the hashing algorithm. Its launch date was January 1st, 2013. XRP’s total supply is 99,986,637,553 coins and its circulating supply is 57,564,441,898 coins. XRP’s official website is xrpl.org. The Reddit community for XRP is https://reddit.com/r/ripple and the currency’s Github account can be viewed here. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. XRP’s official message board 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 currently possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the aforementioned exchanges.

XRP/USD price chart by TradingView