$XRP Ripple is a cryptocurrency platform for payment systems, focused on currency exchange transactions without chargebacks. Developed by Ripple. A special feature is the consensus registry. The system was launched in 2012.#XRP#BTC
Bitcoin is a digital currency, or cryptocurrency, that operates on the basis of a software protocol (blockchain technology). In the simplest terms, Bitcoin is a set of mathematical operations. It is not tied to fiat money or other assets, and does not have a physical expression in the form of bills or coins. #BTC
After analyzing the prices of XRP in previous years, it is estimated that in 2024 the minimum exchange rate for XRP will be around $0.516 USD. The maximum expected price of XRP could be around $0.690 USD. In 2024, the price at which it will trade could average $0.863 USD. #XRP
XRP is a cryptocurrency of the Ripple network that exists only in the Ripple system. Currently, 1 XRP is divided into one million units called drops. Initially, 100 billion XRP were created and no more will be created. #XRP
In October, Ripple moved 60 million tokens. How does this affect XRP? #XRP Happycoin.club - On October 9, Ripple transferred 60 million XRP (equivalent to $30 million) out of 200 million. These tokens were distributed among five different accounts and then deposited in small quantities on four exchanges and likely sold. During this sell-off, the price of XRP/USD on Bitstamp, one of the exchanges that received 33.15 million of the 60 million spent, fell from $0.50 to $0.458 (-8.5%).
4-hour XRP/USD price chart on Bitstamp. Source: TradingView #XRP #BTC