XRP (XRP) Price Reaches $0.51 on Major Exchanges

XRP (XRP) traded 0.5% higher against the dollar during the twenty-four hour period ending at 10:00 AM E.T. on November 5th. XRP has a total market cap of $29.09 billion and $1.09 billion worth of XRP was traded on exchanges in the last day. One XRP coin can now be purchased for about $0.51 or 0.00000733 BTC on popular exchanges. In the last seven days, XRP has traded 2.4% lower against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 1.2% higher 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.8% higher against the dollar and now trades at $69,704.73 or 0.99822962 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $69,365.45 or 0.99337086 BTC.

XRP Profile

XRP uses the hashing algorithm. Its genesis date was January 1st, 2013. XRP’s total supply is 99,987,041,380 coins and its circulating supply is 56,868,662,755 coins. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. XRP’s official message board is www.xrpchat.com. 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.

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.”

XRP Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to trade XRP should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XRP using one of the aforementioned exchanges.

XRP/USD price chart by TradingView