Ripple is ranked #3 on CoinMarketCap. After a day of sellers actively working to bring down the price of the coins, XRP is now valued at $0.318573. A growth rate of 3.88% was noted in the span of the past 24-hours. The trading volume recorded is $1.291 billion. The total market cap of Ripple is $13.645 billion.
The circulating supply involves 42,832,704,971 XRP tokens as of now. The maximum supply [which was pre-mined during the inception of this company] is 100 billion XRP.
Many analysts and traders have criticized the token due to its centralized nature. Tone Vays is a vehement critic of Ripple. Just a few days back he had a heated argument with an XRP enthusiast, the latter being an entrepreneur.
CoinField has just linked up with @xrptipbot meaning we will be giving away small amounts of $XRP on certain posts! Keep an 👀 out for future posts 💪🏼 #CoinField #cryptocurrency #bitcoin $BTC #XRP $XRP
— CoinField (@CoinFieldEX) July 23, 2019
This was a move by the popular exchange in Canada. XRPL and Xpring have made efforts to speed up adoption of XRP in recent times.
For now, a barrier will be felt near the $0.33 level. Most of the people in the XRPArmy speculate that the token would soon shoot to the moon. Although, the highest price of XRP was in January during the previous year, when the token traded near the $3.3 level.
According to the latest report published by Ripple, in this quarter of the year, $251.51 million in XRP has been sold till now. This shows that interest towards Ripple has grown during this year a lot, even though the token has barely gained pace in the market.
Xpring revealed in the beginning of this month that around $500 million was allocated to ventures of Ripple. Partnerships of this year include various banks around the world. Few believe that Indian Banks may use xCurrent in the future, including many Ripple executives.