In total, there will be 100B XRP. This includes the circulating supply, as well as those supply being locked or staked, and those yet to be mined, minted, created.

Q: What is the fully diluted market cap (or FDV) of XRP?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of XRP is 61.12B. The FDV is calculated taking the assumption that all supply of XRP is circulation, multiplied by its current price of $0.6107.

Q: What is the price prediction of XRP in the near future?

With an algorithm automated identifying historical data trends, this XRP price prediction estimates and adjusts the forecast from time to time based on current market conditions. With such advanced machine learning, this prediction can be used to help investors in gauging the probability of the crypto market before making any investment decisions.

Q: Is XRP a good investment?

XRP has a good potential ROI as the volatility itself opportunities for multitude profits. Such volatility is a double-edged sword, and as such would be suitable for investors with high risk tolerance and healthy financial position. Therefore, it is important to remember that XRP and the crypto market as a whole is always subject to extreme market conditions, legal policies, social media stories, and other unpredictable factors. As such, it is advisable to exercise risk management and do your own research (DYOR) before investing in XRP.

Rank #5

USD

$ 0.6107

+ 0.89%

24H Low$0.5998

24H High$0.6122

24H Volume

814.11M

All-Time High(ATH)

$3.4

All-Time Low(ATL)

$0.002686

Market Cap

32.94B

Fully Diluted Valuation

61.12B

Market Cap/FDV

0.5389

Circulating Supply

53.89B XRP

Total Supply

99.99B XRP

Max Supply

100B XRP

Market Sentiment

* Data from 3rd parties

Overview
News
Historical Data

XRP (XRP) Price Trends

Time period	Change amount	% Change
1H	$ 0.001003	0.16%
24H	$ 0.005409	0.89%
7D	$ -0.008489	-1.39%
14D	$ -0.009451	-1.55%
30D	$ 0.02101	3.44%
1Y	$ 0.316	51.74%

Live XRP (XRP) Price Update

XRP price today is $0.6107 with a 24-hour trading volume of 814.11M, and as such XRP has a market cap of 32.94B, giving it a market dominance of 2.18%. The XRP price moved 0.8857% in the last 24 hours.

XRP reached its highest price on 2018-01-07 when it was trading at its all-time high of $3.4, while its lowest price was recorded on 2014-05-22 when it was trading at its all-time low of $0.002686. The current lowest price since the last cycle high was $0.002686, and the highest price since the last cycle low was $3.4. The social sentiment of XRP is currently Positive.

The current circulating supply of XRP is 53.89B XRP. In terms of market cap, XRP is currently ranked 5.

About XRP (XRP)

Ripple (XRP) is the native cryptocurrency of Ripple Network. It is a cryptocurrency with low trading cost and global circulation. Ripple (XRP) was officially issued on April 18, 2011, with a total supply of 100 billion. XRP is the only common currency in the Ripple (XRP) Network.

The development of XRP is inseparable from the development of the Ripple Network. The early Ripple Network needs to establish a trust chain to transfer money, so there are fewer users. After Opencoin took over Ripple (XRP), it made improvements such as introducing XRP, introducing a gateway system and allowing strangers to transfer money. Thus, the world's first open-source payment network was born. As the currency in circulation in Ripple Network, XRP also began to develop rapidly.

How does Ripple (XRP) Work?

Unlike other cryptocurrencies, XRP does not run on the blockchain, but uses the Robust Principal Component Analysis (RPCA) algorithm to make the Ripple Network run. However, its working principle is similar to the blockchain, and the nodes must reach a consensus to validate the transaction on the network. What is more special about Ripple Network is that users can not "mine" XRP, that is, XRP are not issued through miners' mining activities. XRP are pre-mined and issued. The total number of tokens is 100 billion. The issuing mode is Ripple's market release at the rate of 1 billion per month.

Like the blockchain, the protocol used by Ripple Network has a "distributed general ledger", and also has a consensus mechanism and validation mechanism between nodes. After the birth of each new transaction record of Ripple Network, it will be quickly validated according to the consensus and validation mechanism, and summarized into the ledger instances within this time period. The ledger of Ripple Network is arranged and linked in chronological order.

What is Ripple (XRP)?

The emergence of Ripple Network has promoted the transactions between fiat currencies. As the only circulating cryptocurrency in Ripple Network, XRP is fast and simple. Compared with other cryptocurrencies, users prefer to use XRP and Ripple Network for cross international or large remittance. For example, the confirmation time of Bitcoin payment takes 40 minutes, while the time of XRP payment is only a few seconds, and the trading fee is also very low. However, the XRP is not perfect. Its issuing method and circulation have been criticized. Since its issuance in 2011, the current circulation of XRPs in the market has exceeded 40 billion, but this also includes 20 billion of the three founders. This means that the actual circulation of XRPs is barely more than the total ownership of the three founders. In addition, Ripple sells and releases XRPs through a third party on a monthly basis, which is not consistent with the decentralized concept pursued by the cryptocurrency community.

Ripple (XRP) Crypto Wallet

In addition to placing XRP in the Gate.io exchange to facilitate trading, XRP can also be placed in a crypto wallet.

There is no official wallet for Ripple (XRP). You can choose any trusted hot and cold wallet that supports the storage of XRPs.

FAQs

1. What determines the price movement of XRP?

There are two schools of thought in determining the price of XRP.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of XRP, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of XRP from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of XRP on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for XRP as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for XRP and the cryptocurrency market as a whole.

2. What is the highest price of XRP price in history?

3. What is the lowest price of XRP price in history?

4. What is the current market cap of XRP?

5. How many XRPs are there in the market?

6. What is the maximum supply of XRP?

7. What is the fully diluted market cap (or FDV) of XRP?

8. What is the price prediction of XRP in the near future?

9. Is XRP a good investment?

10. How to buy XRP?

XRP (XRP) News

Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department

State authorities may investigate the fake BlackRock “iShares XRP Trust” registration following a referral from Delaware’s Division of Corporations.

Source: cointelegraph

Posted: 2023-11-14

BlackRock XRP Trust Faker Referred to Delaware DOJ

The price of XRP boomed yesterday after someone filed false paperwork for a new crypto ETF. Now, the state DOJ is getting involved.

Source: decrypt

Posted: 2023-11-14

XRP (XRP) Announcements

Gate.io Supports Lend & Earn WLD/XRP/KNC: Real-Time APR Reaches 21.9%

Gate.io supports Lend & Earn WLD/XRP/KNC. The high real-time APR ranges from 15.77% to 21.9%.

readings: 6885Posted: 2023-07-28

Gate.io Supports COREUM Airdrop to Holders of Coreum (COREUM), Sologic (SOLO) , and XRP (XRP)

In order to incentivize more crypto communities to participate in the Coreum eco_, the Core team has decided to unlock and airdrop 100,000,000 COREUM tokens to COREUM holders and 50M xCOREUM tokens to SOLO and XRP holders. Gate.io will support this airdrop plan.

readings: 26496Posted: 2023-03-21

Gate.io Supports the Flare Network (FLR) Airdrop to XRP (XRP) Holders

FLR，XRP

readings: 21019Posted: 2023-01-06

Gate.io Has Added A 16-Day Time-Limited Reward (As High As 650,219 SYLO) to ETH/USDT, BTC/USDT,DOGE/BTC Liquidity Pools

A 16-day time-limited bonus (650,219 SYLO per total) has been added to ETH/BTC, DOT/USDT, FIL/USDT, and XRP/USDT liquidity mining pools. Welcome to join ETH/BTC, DOT/USDT, FIL/USDT, and XRP/USDT pools and earn returns! To Earn Returns Right Now! Gate.io has launched the Liquidity Mining Help Guide which offers common Q&A and procedures to help users. You can also join the Gate.io LM N Lending & Single-Asset Vault Group to share and discuss ideas with more users. The TG Group will bring more latest information on Liquidity Mining to you. To further enhance the user experience, Gate.io has officially launched the centralized Automated Market Maker (AMM) service on August 1, 2021. This allows most of the new and non-mainstream coin markets to gain similar liquidity as Uniswap. It allows users to enjoy a low-cost and high-quality user experience on a centralized platform. Gate.io will continue to add supported currencies, please pay close attention to further announcements. View the Announcement: Gate.io Liquidity Mining Will Adjust the Fee Rate of Market Maker (AMM Mode) View the new liquidity pool: Gate.io will upgrade some markets to automated market maker (AMM) (new 50% platform trading fee bonus) Extended Reading: What is the Automated Market Maker (AMM) mechanism? Through the automated market maker mechanism, the liquidity provider (LP) can earn trading fee revenue by providing liquidity to the market. The order takers offer fees to the LP in exchange for lower slippage. Through this mechanism, the market needs of both parties are well matched, allowing LPs and takers to get what they want. What is an impermanent loss? It refers to the loss of capital due to spreads that occur when the price of a digital asset changes after an investor has deposited in the automated market maker liquidity pool. Irrespective of how the price of the digital asset changes, inpermanent loss will occur and the larger the spreads, the larger the loss. What is liquidity mining? Liquidity mining is a method of acquiring more cryptocurrencies by pledging cryptocurrency. It is a new trend in decentralized finance (DeFi) that allows cryptocurrency investors to fully utilize their crypto assets and receive higher returns. Anyone can participate in the eco. Simply put, this means locking in cryptocurrencies to receive rewards. What are the benefits of providing liquidity? Users can earn market making dividends by adding liquidity to the market. By adding liquidity, funds are injected into the pool, and the fee revenue earned from automatic market making in the pool is distributed to the liquidity provider in proportion to their share of the pool. Liquidity can be accessed in real time without any commission charges. Science: From Market Maker to Liquidity Mining, How Important is Liquidity? Why is Gate.io Liquidity Mining Great for Low Volatility? Science: What You Need to Know About Investments in Liquidity Mining Products Gate.io | Your Gateway to the Blockchain Universe Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Reach out to us! Twitter: https://twitter.com/gate_io Telegram: https://t.me/gate_io Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team July 20th,2022

readings: 29610Posted: 2022-07-20

Gate.io Blog:Behind the Scene：SEC vs. Ripple Lawsuit

【TL; DR】 With the evolution of cryptocurrencies, classifying digital assets as currency or securities has been the crux of the SEC's issue. Chief of which is the SEC vs. Ripple lawsuit filed in 2020 by the Securities and Exchange Commission against Ripples Lab Inc. In 2015, the Justice Department had ruled the XRP as a cryptocurrency just like Bitcoin and Ethereum; however, on the 22nd of December in 2020, the SEC announced in a press release that they were suing Ripples Labs for raising about $1.3 billion through unregistered securities known as XRP. According to the SEC, the CEOs of Ripples Lab used returns from XRP sales to finance their business. The failure to register the security led to a lack of information on the path of retail investors. Experts point to a probable cause behind the lawsuit being the system of mining XRP. Unlike Bitcoin or Ethereum that utilized Proof-of-Work mining, XRP was not mined; 100 billion XRP were released into circulation, with Ripples holding 48 billion of it. The aftermath of the XRP vs. SEC lawsuit was XRP's value plunging by more than 75% and many cryptocurrency exchanges delisting XRP from their platforms. Does the SEC have a Case Against Ripple? In January 2018, XRP hit an all-time high of $3.29, it went through a few ups and downs, and by December 2020, it was trading at $0.6. However, after the XRP lawsuit hit, XRP plunged by more than 75%, and experts made predictions that XRP would become worthless. At the time of writing this article, XRP was trading over $0.70. The plunge in XRP prices was reactionary due to the lawsuit and damning accusations. However, since filing the lawsuit, whether the SEC has a strong case against Ripple Labs remains unknown. There has been a lot of debate around the topic, mainly because most of SEC's arguments have been ambiguous. The SEC's defense has revolved around minting XRP, which according to the SEC, makes the coin security rather than a currency. Their argument closes because, unlike Ethereum and Bitcoin, which utilize a blockchain for minting, XRP was published with Ripples Lab owning 6.4 billion of it. For more information on the specific analysis process, please read this blog:Behind the Scene：SEC vs. Ripple Lawsuit Gate.io Blog As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home. We invite you to experience and bookmark this blog, in order to get essential investors tips. Website: https://www.gate.io/en/blog/bloglist *App will be launched soon, please keep an eye out for it! Blog entry: Gate.io main menu bar "More Details - Gate Blog" Gate.io Blog will be updated at regular intervals. Stay tuned!

readings: 64516Posted: 2022-03-14

Gate.io Distributed SOLO Airdrop to XRP Holders

According to SOLO token airdrop announcement, a total of 100,000,000 SOLO tokens were allocated to all eligible XRP holders based on a snapshot taken on Dec 24th, 2021 8:00 PM UTC. Gate.io has now distributed SOLO to all eligible XRP users based on the ratio announced by the SOLO team, that is 1 XRP = 0.004456338205 SOLO. Users can now head over to Billing to view the tokens they’ve received. Deposit SOLO at：https://www.gate.io/myaccount/deposit/SOLO Trade SOLO at: https://www.gate.io/cn/trade/SOLO_USDT https://www.gate.io/trade/SOLO_BTC Learn more: https://sologenic.medium.com/solo-token-dex-nft-marketplace-and-airdrop-e29ca52446bf Gate.io is a Cryptocurrency Trading Platform Since 2013 Top ranking, Trustworthy, Transparent Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Reach out to us! Twitter: https://twitter.com/gate_io Telegram: https://t.me/gate_io Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team Feb 24, 2022

readings: 70206Posted: 2022-02-25


Date	Market Cap	Volume	Open	Close
2023-12-01	$848.79M	$32.66B	$0.6058	N/A
2023-11-30	$869.54M	$32.83B	$0.6091	$0.6058
2023-11-29	$935.97M	$32.88B	$0.6113	$0.6091
2023-11-28	$1.11B	$32.48B	$0.6041	$0.6113
2023-11-27	$992.35M	$33.2B	$0.6169	$0.6041
2023-11-26	$519.62M	$33.52B	$0.6232	$0.6169
2023-11-25	$1.11B	$33.46B	$0.622	$0.6232
2023-11-24	$1.05B	$33.34B	$0.6203	$0.622