XRP (XRP) Price Tops $2.83 on Exchanges

XRP (XRP) traded 4.9% lower against the US dollar during the one day period ending at 10:00 AM ET on February 2nd. During the last week, XRP has traded 9.2% lower against the US dollar. XRP has a total market cap of $163.26 billion and $7.76 billion worth of XRP was traded on exchanges in the last 24 hours. One XRP coin can now be bought for $2.83 or 0.00002849 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded down 2.7% against the dollar and now trades at $99,128.39 or 0.99822951 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.6% lower against the dollar and now trades at $98,860.96 or 0.99553641 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

XRP Profile

XRP (XRP) uses the hashing algorithm. Its genesis date was January 1st, 2013. XRP’s total supply is 99,986,541,057 coins and its circulating supply is 57,703,732,191 coins. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. XRP’s official website is xrpl.org. XRP’s official message board is www.xrpchat.com. 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.”

Buying and Selling XRP

It is usually not presently possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to acquire XRP should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the exchanges listed above.

XRP/USD price chart by TradingView