binance
Rank 12
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Avg. Price
$ 0.451 USD
24hr Change
6.87%
Mkt. Cap
$ 45.1 B
Vol. 24H
XRP 248.04 M ($ 112.21 M)
Low/High 24h
$ 0.3969 / $ 0.5113
Total Coins
$ 99.99 B
Last Trade
XRP 309.530 ( $ 142.031) / Bitfinex
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Description

Ripple positions itself as a complement to, rather than a competitor with, Bitcoin - the site has a page dedicated to Ripple for bitcoiners. Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk. Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system. There were 100 billion XRP tokens upon the launching, currently, there are near to 99,991,857,757.53 in circulation due to the decreasing tokens policy from Ripple.