XRP Price Hits $2.35 on Exchanges (XRP)

XRP (XRP) traded down 6.7% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on February 6th. One XRP coin can currently be purchased for $2.35 or 0.00002399 BTC on major exchanges. During the last week, XRP has traded down 25.2% against the U.S. dollar. XRP has a market capitalization of $135.39 billion and $7.53 billion worth of XRP was traded on exchanges in the last 24 hours.

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

• GMX (GMX) traded down 1.2% against the dollar and now trades at $16.74 or 0.00017123 BTC.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $97,789.57 or 1.00003066 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $97,512.15 or 0.99719363 BTC.

XRP Profile

XRP uses the hashing algorithm. It was first traded on 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 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. The official message board for XRP is www.xrpchat.com. XRP’s official Twitter account is @ripple and its Facebook page is accessible 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.”

XRP Coin Trading

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

XRP/USD price chart by TradingView