XRP 1-Day Trading Volume Tops $1.09 Billion (XRP)

XRP (XRP) traded 0.5% higher against the US dollar during the 24-hour period ending at 10:00 AM E.T. on November 5th. One XRP coin can currently be purchased for $0.51 or 0.00000733 BTC on cryptocurrency exchanges. In the last seven days, XRP has traded 2.4% lower against the US dollar. XRP has a total market capitalization of $29.09 billion and approximately $1.09 billion worth of XRP was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 up 1.2% 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.8% higher against the dollar and now trades at $69,704.73 or 0.99822962 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $69,365.45 or 0.99337086 BTC.

About XRP

XRP (XRP) uses the hashing algorithm. It launched on January 1st, 2013. XRP’s total supply is 99,987,041,380 coins and its circulating supply is 56,868,662,755 coins. 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. XRP’s official message board is www.xrpchat.com. XRP’s official website is xrpl.org.

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 purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XRP using one of the exchanges listed above.

XRP/USD price chart by TradingView