XRP Price Hits $0.53 (XRP)

XRP (XRP) traded 3.5% higher against the US dollar during the 24 hour period ending at 14:00 PM E.T. on October 24th. XRP has a total market capitalization of $30.16 billion and approximately $948.29 million worth of XRP was traded on exchanges in the last 24 hours. During the last seven days, XRP has traded 2.6% lower against the US dollar. One XRP coin can now be purchased for approximately $0.53 or 0.00000785 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during 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 down 2.2% 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.

XRP Coin Profile

XRP (CRYPTO:XRP) uses the hashing algorithm. Its genesis date was January 1st, 2013. XRP’s total supply is 99,987,115,141 coins and its circulating supply is 56,706,436,160 coins. XRP’s official website is xrpl.org. XRP’s official message board is www.xrpchat.com. 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.

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 possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to acquire XRP should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XRP using one of the aforementioned exchanges.

XRP/USD price chart by TradingView