XRP (XRP) Price Down 5.4% Over Last 7 Days

XRP (XRP) traded 1.2% higher against the U.S. dollar during the one day period ending at 10:00 AM E.T. on October 27th. Over the last week, XRP has traded down 5.4% against the U.S. dollar. One XRP coin can now be purchased for $0.51 or 0.00000761 BTC on popular cryptocurrency exchanges. XRP has a total market capitalization of $29.24 billion and $519.14 million worth of XRP was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $67,464.01 or 0.99709726 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $67,415.10 or 0.99637433 BTC.

About XRP

XRP uses the hashing algorithm. Its genesis date was January 1st, 2013. XRP’s total supply is 99,987,068,281 coins and its circulating supply is 56,811,862,950 coins. XRP’s official message board is www.xrpchat.com. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. 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.”

Buying and Selling XRP

It is usually not possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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