What is XRP (XRP)
What is XRP (XRP)
Start learning about what is XRP through guides, tokenomics, trading information, and more.
XRP (XRP) Basic Introduction
Ripple is the base currency of the Ripple network, which can be circulated throughout the ripple network. It has a total supply of 100 billion, and is gradually decreasing as the number of transactions increases. Ripple's operating company is Ripple Labs (formerly OpenCoin). Ripple currency is the only common currency in the ripple system. It is different from other currencies in the system. For example, CNY and USD cannot be cashed out across gateways. In other words, the CNY issued by the A gateway can only be cashed out at the A gateway, not the B gateway. Otherwise, you have to convert it into CNY of B gateway via pending-order of ripple system. However, Ripple has no such restrictions at all. It is universal in the ripple system. Ripple (XRP), same as Bitcoin, is a digital currency based on math and cryptography. But what different from the no-real-use Bitcoin is that XRP plays the role of connection and boasts security guarantee function in the Ripple system. Security-guarantee is indispensable, which requires that the gateway participating in this protocol must hold a small amount of XRP.
XRP (XRP) Profile
XRP (XRP) Tokenomics
Tokenomics describes the economic model of XRP (XRP), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behaviour.
XRP TokenomicsPro Tip: Understanding XRP's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
XRP (XRP) Price Prediction
Building on tokenomics and past performance, price predictions for XRP aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of XRP? Check it out now!
XRP Price PredictionDisclaimer
The information on this page regarding XRP (XRP) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
XRP-to-USD Calculator
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