XRP Trading 4.1% Higher This Week (XRP)

XRP (XRP) traded up 6.2% against the U.S. dollar during the 24-hour period ending at 18:00 PM Eastern on November 6th. One XRP coin can now be purchased for $0.55 or 0.00000721 BTC on popular exchanges. XRP has a market cap of $31.03 billion and $2.19 billion worth of XRP was traded on exchanges in the last 24 hours. During the last seven days, XRP has traded up 4.1% against the U.S. dollar.

Here is how similar 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 8.4% against the dollar and now trades at $75,309.72 or 0.99509692 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 7.2% higher against the dollar and now trades at $74,383.57 or 0.98285927 BTC.

XRP Coin Profile

XRP (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 website is xrpl.org. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. The official message board for XRP 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 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 Changelly, Coinbase or GDAX. 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