XRP (XRP) Price Hits $0.50 on Top Exchanges

XRP (XRP) traded 1.7% lower against the U.S. dollar during the 24 hour period ending at 19:00 PM ET on November 3rd. Over the last week, XRP has traded down 2.6% against the U.S. dollar. One XRP coin can currently be purchased for about $0.50 or 0.00000733 BTC on major cryptocurrency exchanges. XRP has a market capitalization of $28.56 billion and approximately $942.82 million worth of XRP was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over 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 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 down 1.1% against the dollar and now trades at $68,474.29 or 0.99945953 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.3% against the dollar and now trades at $68,346.94 or 0.99760066 BTC.

XRP Coin Profile

XRP (CRYPTO:XRP) uses the hashing algorithm. It was first traded 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 official message board for XRP is www.xrpchat.com. XRP’s official website is xrpl.org. XRP’s official Twitter account is @ripple and its Facebook page is accessible here. 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XRP using one of the exchanges listed above.

XRP/USD price chart by TradingView