XRP (XRP) Trading 33.7% Higher This Week

XRP (XRP) traded 3.5% higher against the dollar during the 24 hour period ending at 9:00 AM E.T. on December 8th. XRP has a market capitalization of $145.83 billion and $12.19 billion worth of XRP was traded on exchanges in the last 24 hours. One XRP coin can currently be bought for $2.55 or 0.00002548 BTC on popular exchanges. During the last seven days, XRP has traded up 33.7% against the 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 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.
• SolvBTC (SOLVBTC) traded 0.9% higher against the dollar and now trades at $99,996.85 or 0.99789460 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% higher against the dollar and now trades at $99,648.98 or 0.99442313 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

XRP Coin Profile

XRP (XRP) uses the hashing algorithm. Its genesis date was January 1st, 2013. XRP’s total supply is 99,986,904,872 coins and its circulating supply is 57,117,231,849 coins. The official website for XRP 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. The official message board for XRP 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 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 Changelly, GDAX or Gemini. 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