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The coin has attracted over $120 billion in new investment, and reached a market cap of $156 billion since Donald Trump and a host of other crypto-friendly candidates won election on Nov. 5.
As of this writing, XRP carries a market cap of $34.6 billion. But can it rise 29-fold to become a trillion-dollar cryptocurrency by 2040? Here's what investors should know.
The bad news, however, is that the market performance of XRP has not reflected that. ... XRP in market cap to become the fifth-largest cryptocurrency at the end of 2023. This year, Solana is up ...
The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie Lee: Scrypt: C++ [10] PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. 2011 Namecoin: NMC Vincent Durham [11] [12] SHA-256d: C++ [13] PoW: Also acts as an alternative ...
The market capitalization of a cryptocurrency is calculated by multiplying the price by the number of coins in circulation. The total cryptocurrency market cap has historically been dominated by bitcoin accounting for at least 50% of the market cap value where altcoins have increased and decreased in market cap value in relation to bitcoin.
XRP (CRYPTO: XRP) is posting big gains in Wednesday's trading. The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m. ET. XRP is surging today due to the arrival of ...
Unlike many cryptocurrencies, XRP was pre-mined, with 100 billion tokens created at inception. [8] [13] The XRPL founders gifted 80 billion XRP, the platform's native currency, to Ripple Labs. [4] Ripple Labs holds a portion of XRP and periodically releases tokens into circulation through sales, aiming to maintain market stability.
XRP (CRYPTO: XRP) is surging in Tuesday's trading. As of 11:45 a.m. ET, the cryptocurrency's price was up by 8.6% over the previous 24 hours. XRP was gaining ground following the Senate's ...