Formerly the third-largest crypto in the world, which is a position that it held for several years, Ripple’s XRP is still among the top 10 largest digital currencies by market cap in December 2024.
Boasting a market cap of over $30 billion and a masive community , XRP is the native cryptocurrency of Ripple’s ecosystem and the coin used for settling transactions on the RippleNet.
In this guide, we will look at XRP’s current price, its history, factors that affect it, and why you might want to consider buying XRP.
If you are interested in investing in XRP, it might be useful to learn everything about it and its price first before making your final decision.
Where can I buy XRP in December 2024?
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Your best option for purchasing Ripple is to buy the coin on any major crypto exchange. However, if you wish to use a more traditional platform, you can always buy it on eToro, as the coin is among the handful of supported cryptocurrencies that eToro offers.
There are several reasons for choosing eToro over other platforms.
For example, it has a user-friendly interface, the ability to engage in copy trading and mirror the trades by other users, as well as the fact that eToro offers a variety of traditional investment options.
This is useful for those who wish to diversify their portfolio and include assets beyond cryptocurrencies.
Where It Stands: XRP Price Trends & Chart
Let’s begin with the XRP price recently. How well is Ripple performing in the current market conditions?
With Bitcoin reaching a new all-time high of about $73k this year, the scope for XRP stands strong too, given its status as an established crypto.
Let’s learn more about the XRP price right now.
XRP Price Live Chart
Here is the live chart of the XRP token, for you to reference while reading the article.
Please enter Coingecko & CoinMarketcap Api Key to get this plugin worksThe history of XRP price
XRP is one of the oldest still active assets in the crypto industry today after it originally launched in 2012 with a price of $0.1. However, its price was significantly below that over the next several years.
It did see an occasional surge, such as the one in December 2013 when it reached $0.05 or in January 2015 when it climbed up to $0.02. However, for the most part, between its launch and 2017, XRP’s worth was under a cent.
Things changed in 2017 thanks to a market-wide bull run led by Bitcoin. Thanks to its massive market dominance, Bitcoin price was able to pull the rest of the industry with it.
So, when BTC hit $20,000, XRP reached its own all-time high at $3.09. This is still the coin’s ATH to this day. After hitting this level, the coin crashed in 2018 due to the first bear market, which brought it down to around $0.27.
XRP remained relatively the same for the next several years, although it sank slightly deeper in 2020 to $0.20. Once 2021 came, and a new price surge took the crypto industry, XRP joined and skyrocketed to $1.8.
While this was the highest it had reached in over 3 years, XRP still didn’t even come close to its former record.
This level is also the highest that XRP has been since the bull run of 2021. However, soon after climbing up to this level, the market crashed, which came just after Tesla announced that it would stop accepting Bitcoin payments due to its massive carbon footprint.
XRP sank to $0.55 over the next few months, but then the bull run picked up again, allowing the crypto industry to surge once more.
XRP joined this last bull run but only climbed to $1.3. Then, in November 2021, the market suddenly turned bearish, and XRP started crashing once again, leading it to its bottom at $0.33, which it reached in 2022.
This has been its strongest support ever since, while the largest resistance sat at $0.50, and the one before it was at $0.40.
XRP had several attempts at recovery, which were stopped by one level or another, and the last one actually started in mid-March, allowing XRP to reach the price of $0.57 on March 29th.
It then dropped to $0.50 on April 4th, and this level served as strong support for the next few weeks, only to finally break on April 19th.
In July 2023, Ripple’s partial victory over the US SEC pushed the XRP price up to $0.93. But the token couldn’t sustain itself at this level, which led to it dropping to close to $0.45 on 11th September 2023 before the bounce.
The first quarter of 2024 saw the market recovering, but it did not have much impact on the XRP price.
While 2024 was a rather successful year for leading cryptos, XRP unfortunately wasn’t part of the list, as its price barely moved higher or even lower. The token started the year priced at around $0.50 and has averaged the same price despite some volatility altering its price by 10% in both directions.
Why Should You Invest in XRP?
XRP is an old and fairly established asset that has done a lot of things right, despite the controversial parts of its history. However, if you are unsure whether you should invest in it or not, maybe the following list will help you decide.
Security
Security can be something of a problem with the crypto industry. One of the sector’s claims is that it can be more secure than traditional banking, but on the other hand, it lost millions, even billions of dollars to hacking attacks.
This is why an asset such as XRP, which has performed fairly well in this regard, should be considered. XRP has not been compromised once since its inception.
Predetermined supply
Cryptocurrency’s supply is more important than most people realize. To most newcomers, it simply represents how many coins exist, and they often overlook it. However, a supply is much more than that, and it can make or break a cryptocurrency.
Crypto supply is already different than fiat currencies’ supply because it is capped. Of course, there are some uncapped cryptocurrencies out there, but as far as XRP is concerned, the coin has a max and a total supply.
Bitcoin came up with the concept of a capped supply, and it limited itself to 21 million. This makes it scarce at the current and future levels of adoption, especially since not all coins have been mined as of yet.
XRP has a 100 billion supply, but it is meant to be used by the entire world on a daily basis, through the banking sector.
Furthermore, it also burns its coins. While it is true that it only burns small amounts through usage, this is still consistently working on reducing its supply with each transaction.
Practicality
While the majority of the crypto industry intends to replace the banking system, Ripple’s idea is to use XRP to help it evolve and turn it into something more efficient.
This approach to dealing with the banking sector seems far more probable and likely than running it out of business. This gives XRP a greater chance of surviving in the long term.
By now, even the banks have realized they won’t be able to hold back the crypto industry forever.
Even so, they are more likely ti find a way to use them for themselves than to simply withdraw and die out. With Ripple and XRP being right there, offering their services to the banks, they are more likely to adopt it and secure their position in the growing crypto world.
CBDC support
One huge advantage that Ripple and XRP have over the rest of the crypto market is that they support CBDCs. While the rest of the crypto industry sees CBDCs as “fake crypto,” Ripple has been helping central banks with CBDC issuance.
As mentioned, central banks will find a way to combine their own services with cryptocurrencies, and CBDCs are a massive step toward that goal.
With Ripple and its XRP being involved with the process, the two will likely be integrated into the future CBDC system.
XRP could possibly end up serving as a method of sending and converting CBDC internationally when each country ends up running its own digital currency.
Ripple Transaction Protocol
Another reason to consider XRP is the Ripple Transfer Protocol. This has been a part of the project’s plan since 2012 when it was launched, and since then, the company has been consistent with improving.
The protocol, of course, serves as a method of easing up transactions from one person to another. It has a secure network, a variety of purposes, and it is much more efficient and easier to use than traditional financial systems.
Fast transactions
Bitcoin’s initial purpose was to be a currency, but its low speeds make it very inefficient. As a result, it started evolving into a store of value. Ripple is much more efficient when it comes to making near-instant payments, thanks to its fast transactions.
Low price
Lastly, let us consider one final thing — the fact that XRP has a very low price. Less than two years ago, Bitcoin reached the value of $69k. Ethereum climbed up past $4.6k. However, XRP has been a lot more stable.
At its highest, it only climbed up to $3, which was back in 2018. During the bull run of 2021, it climbed up to $1.8, and after the price drop, it fluctuated between $0.3 and $0.5. While all of these other coins have gone out of range for most people, you can still buy XRP.
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What Have Been The Lowest & Highest Prices of XRP?
In early 2020, Ripple plummeted down to a low of $0.15 before regaining its position in the later months. However, most of 2020 turned out to be underwhelming for XRP’s price charts.
XRP reached an all-time high price of $3.84 in 2018 due to its partnerships with some reputable banks and institutions around the world and the overall pragmatism and confidence in cryptocurrencies around the world. It trades at a considerably lower price now, although its investors seem hopeful about the token’s future.
Read more Ripple price predictions here.
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XRP Price Predictions
XRP has been a heavily discussed token within the crypto community, but much of its performance has been overshadowed by regulatory battles, especially its ongoing issues with the SEC.
This regulatory uncertainty has likely been one of the main factors causing the token’s stagnant value over the past several years. However, with some of these legal issues now appearing to clear up, XRP could have room to grow. That said, the overall regulatory landscape for crypto remains uncertain, with further scrutiny on the horizon that could continue to stunt XRP’s growth.
While XRP remains one of the most recognized tokens in the crypto space, its future is not without risk, and investors should remain cautious. Below, we break down the price outlook for XRP over the coming years.
Q4 2024
Heading into the final quarter of 2024, XRP holds the potential for some upside momentum. One of the most anticipated events that could drive this is the continued buzz around XRP’s possible ETF approval. The excitement surrounding an XRP ETF has gone viral multiple times, sparking speculation that it could drive investor interest.
However, it’s important to remember that these ETF rumors have circulated for quite some time without leading to any major price action. While the news could still trigger some positive movements, the market may be somewhat desensitized to the rumors.
Therefore, while there is potential for XRP to gain momentum, there is no guarantee that this will translate into substantial price appreciation. Traders may see moderate growth but should keep in mind the unpredictability of regulatory decisions and the market’s reception of these announcements.
2025
Looking further ahead into 2025, one of the key events to watch will be Bitwise’s filing, which could positively affect XRP’s growth. If Bitwise’s ETF efforts succeed or continue to generate updates, it may bring a fresh wave of user interest and investment in XRP.
These positive regulatory moves, coupled with a potential bull market, could help XRP push through several major resistance levels that have kept the token stagnant in recent years. In an optimistic scenario, XRP could even challenge its all-time high if these catalysts align with favorable market conditions.
However, this remains a highly ambitious target, as the token would need significant momentum, a broader market rally, and continued positive regulatory developments to reach such heights. The potential for XRP to break through resistance levels and achieve higher valuations hinges on these external factors, making the path forward both promising and risky.
2030 and Beyond
Looking to 2030 and beyond, XRP’s future is largely tied to its global adoption as a utility token. Ripple, the company behind XRP, has long positioned itself as a bridge currency for cross-border payments, and further adoption by financial institutions and payment providers could drive demand for the token.
Additionally, regulatory clarity will play a crucial role—if XRP can secure a positive regulatory status across key markets, it could unlock significant value for investors. However, the global regulatory environment remains uncertain, and any negative developments could hinder growth.
Despite these challenges, XRP could see substantial growth if it continues to be integrated into financial systems worldwide. By 2030, if XRP is able to expand its adoption and Ripple’s partnerships continue to grow, it’s possible that XRP could reach valuations much higher than its current levels. While a return to its all-time highs or beyond is not out of the question, investors should be prepared for the potential volatility and risks associated with regulatory hurdles and market competition.
How Often Does The XRP Price Change?
Like other cryptocurrencies, XRP price is not backed by real-world assets, so nothing holds its price in place. As such, the XRP price is constantly changing.
However, unlike most other assets, XRP rarely sees massive changes, and for the most part, it only fluctuates up and down by a few cents.
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What Factors Affect the XRP Price?
Ripple price is affected by a variety of different factors, which can have a positive or a negative impact. Each of the following can affect the way that other traders and investors feel about the coin and thus affect its price.
Availability
Availability, also known as supply, is the first and basic factor affecting any asset’s price. Coupled with demand, the two are the primary factor that makes the price of XRP change.
Naturally, if there is demand for something, its value is determined by how much or how little of it exists on the market. Scarce assets are highly valuable, while assets that have a major supply tend to be cheap.
With the availability of XRP constantly changing through sales and purchases, its value changes, as well.
When XRP was created, Ripple created 100 billion units. 20 billion was divided among the co-founders of the project, and the rest was made available to the public.
XRP also has a token-burning mechanism, where a fixed amount of XRP is destroyed during each transaction, thus reducing the circulating supply. At the time of writing, XRP has a max supply of 100 billion, a total supply of 99.98 billion, and a circulating supply of 51.7 billion.
Whales
The next factor determining the XRP value is whale movement. Crypto whales are wealthy individuals who own massive amounts in cryptocurrency.
Most people consider individuals with 1,000 BTC or more to be whales. However, a whale can also be an entity that owns 1 million to 10 million of any cryptocurrency.
The amount one needs to hold to be considered a whale is a bit loose, but the fact is that whales tend to make massive transactions that have a strong impact on the market.
This is why the members of the crypto community constantly monitor them. By dumping or buying large quantities, whales can start entire bull runs or even trigger a bear market.
External factors
Then, there are external factors, such as news reports and updates about the asset, that can affect its price. The news can affect the price because it can influence investors and traders. Positive news surrounding the asset can make people want the coin and invest in it.
Negative news can make them worry about price drops, which makes them sell. By selling, they personally contribute to that price drop, but investors believe that others will start selling, even if they don’t.
That would lead to the price crash anyway, leaving them with losses. To avoid that, each investor seeks to be among the first to sell and profit as much as possible.
For example, Ripple has been in a several years-long legal battle with the US Securities and Exchange Commission now.
The SEC accused XRP of being an unregistered security, while Ripple’s executives were accused of scamming investors.
Ripple denied the allegations and fought back. To this day, the case was not resolved, but Ripple did manage to build up a solid defense to the point where the winner of the legal battle is anything but obvious.
If the project wins, its price is bound to skyrocket, while the SEC would have to change how it defines securities.
This will also be extremely meaningful for the entire crypto industry, as the SEC has cracked down on dozens, if not hundreds of crypto companies so far.
Associations and partnerships
Associations and partnerships with large, reputable brands help cryptocurrencies look better, as they essentially gain the support of the brand they are partnered with. Investors who trust those brands tend to think that if the coin is good for the brand, it is also good and trustworthy enough for them.
Partnerships tend to be very beneficial for crypto prices. Historically, XRP has rarely had a strong reaction to a partnership announcement, but this does help overall.
Use Cases
Of course, use cases are also a large factor that affects the asset’s price. A cryptocurrency needs to be useful in order for people to want it. If it cannot offer any use cases, there is no reason for anyone to hold it.
In XRP’s case, it is the only asset that can be used to transfer money through Ripple’s network, the RippleNet. Meanwhile, Ripple has offered this network to banks around the world.
By connecting them all as a trusted 3rd party, a person can go to their bank, make an international payment, the funds would get transferred to RippleNet, and sent instantly to the other bank in the form of XRP.
Once the money arrives to its destination, it is converted to the local currency. The entire process can be completed in seconds instead of the days-long procedure the banks usually have to complete to complete international payments.
The benefit here is that XRP is used for transferring assets, but other than that, the person making the payment and the receiver have no interaction with cryptocurrency.
That way, users who are not tech-savvy enough to use cryptocurrencies can still benefit from their technology.
The sender and the receiver only work with banks and fiat currencies, and they are quite familiar with both. Other than that, XRP can also be used in trading and investing, so it has several use cases that make it useful to crypto users.
Investing in XRP
If you decide to invest in XRP, you will be able to find it on most cryptocurrency exchanges, as it is a rather popular cryptocurrency. However, if you wish to use a more traditional service, we can recommend using eToro.
As mentioned earlier, eToro has a lot of benefits, including an easy UI, copy trading, the fact that it is safe and regulated and alike.
eToro is one of the best platforms to go to if you wish to diversify your portfolio by adding crypto to it, or if it is primarily crypto, you could diversify it with traditional assets.
Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.
Who Should Invest in XRP?
There are only four simple steps to investing in XRP using this platform, and those include the following:
- Registering: Start by going to eToro’s website and registering your account.
- Verification: The next step is verifying your identity, which simply includes uploading certain documents to prove that you are who you claim to be, and that you are an adult.
- Making a deposit: Once your account is approved, the next step is to use one of the available payment methods to make a deposit. However, remember to only use the money that you can afford to lose. Crypto trading and investing is still fairly risky, and you should never use the money that you depend on.
- Buying XRP: Finally, once the money arrives to your eToro account, you should search for XRP in the search field, and click the trade button next to it. Enter the amount that you wish to buy, and make a transaction.
One thing to remember, however, is that after you become the owner of XRP, you should withdraw it to a private wallet.
Don’t just let it sit in a wallet that someone else controls. In the crypto industry, there is a saying — not your keys, not your coins.
If you leave your XRP in a wallet that someone else controls, they can take them away, freeze your account, and alike. This cannot happen if you use a private wallet, and it is a huge part of keeping your cryptocurrencies safe.
Is it Worth Buying XRP in 2024?
XRP has yet to see its issues with the US SEC resolved. Depending on how things go with the lawsuit, XRP price might skyrocket, or it might drop.
However, any drop that it might see as a consequence of the trial would likely only be temporary.
XRP still has plenty of markets around the world that have accepted it as a non-security, and Ripple might simply leave the US and relocate somewhere else.
As a result, those who hold it long-term will likely see a price surge eventually. If you plan to invest in it for several years, you may as well buy it now.
If you wish to be an XRP day-trader, then whether or not you should buy it depends on its day-to-day price movement.
As for short-term investments of maybe a few weeks or months, those are the riskiest, as the trial is coming to a close, and things could go either way for XRP.
In other words, there is a lot at stake, and it is unclear who will win the case. So, whether or not you should invest in XRP now depends on you.
We recommend that you do your own research and make a decision about whether to buy or to stay on the sidelines and wait for the matter to be resolved, and then react accordingly.
How To Get Started With XRP
Before you begin investing in XRP, we recommend you understand each and everything about investing in the coin.
In order to get started with investing in XRP, keep in mind that you choose a legitimate cryptocurrency exchange and take into consideration a lot of other factors. These factors involve the transaction fees, the user interface, availability of the coins, and if the platform has its own wallet available.
To help you out in your process of getting started with XRP, we’ve created a small guide for you. This contains all you’d ever need to know about investing in XRP.
Learn How To Buy XRP In December 2024
Read our full guide on how to buy XRP.
Automated XRP Trading
Since XRP is an asset that primarily sees micro changes to its price, it can be hard for a regular person to make profits by trading it.
Day trading, in particular, requires quick reactions and entering and exiting positions all the time to make the best of the situation. This is why many tend to trade XRP by automating it.
This means that they would use a trading bot, set it up, and let it trade on its own.
This is beneficial as the robot can gather information, analyze it, and react in mere seconds, while a human would take minutes, even when most productive and fully focused.
You can do the same by selecting a bot that supports XRP. Simply deposit some money as your initial investment, provide the terms such as when to buy and when to sell, and let the robot do its thing.
Trading bots have become popular as they work quickly, they are not burdened by feelings such as greed or fear; they simply analyze the market behavior and react to it.
Still, in order to set up a bot properly, you need to understand the market yourself and know how it breathes.
Find out more about these profit-generating robots in our trading robot guide.
Your capital is at risk.
What To Know Before Investing in XRP?
While investing in cryptocurrencies is easy, you need to remember to invest in them responsibly. That means keeping the risks in mind at all times and following a certain set of rules, such as:
- Do not make XRP the majority of your investment portfolio
- Do as much research as possible to find out everything about XRP and then decide if you still wish to buy it
- Identify the best exchanges that are available to you, compare them, and decide which one offers the best terms
- Make sure to withdraw your XRP to a private wallet, regardless of whether you trade on a crypto exchange or through a broker
- Listen to what experts have to say, but always make your own decisions, and never follow other people’s advice blindly
- Shield your internet traffic with VPN in order to increase your security even more
Taxation on XRP Earnings
Another thing you should remember is that cryptocurrencies are subject to taxation in most regions of the world now. While the regulations for the crypto industry are lacking, governments were quick to tax people for their crypto profits.
However, each nation did it on its own, so each country’s tax laws are different. That means you will have to research your country’s crypto taxes to learn how much you need to pay.
Keep in mind that not paying crypto taxes is bound to get you into trouble with the authorities, as crypto profits are no different from profits made from trading stocks and other assets in the eyes of the governments.
Read more about how to sell XRP in our guide and the taxes involved.
XRP vs Other Coins
When it comes to comparing XRP with other coins there lie a lot of similarities & differences between the two. However, let’s compare XRP with some bigwigs like Bitcoin & Ethereum to give you a fair idea about XRP’s position in the crypto market.
Ethereum Vs XRP: A Comparison
Both Ethereum and XRP have seen an enthusiastic response from the investors in the last few years. However, at the end of the day, the final call between finding the right investment lies from one investor to another.
Basis | Ethereum | XRP |
---|---|---|
Supply | Uncapped Supply | Capped supply at 100 billion |
Transaction Speed | 30 Transactions Per Second | Thousands of transactions per second |
Price | $4,411 | $1.06 |
Centralisation | Decentralised | Centralised |
Bitcoin Vs XRP: A Comparison
Basis | Bitcoin | XRP |
---|---|---|
Supply | Supply Capped at 21 million | Supply capped at 100 billion |
Transaction | Slow. Might take several minutes | Fast. Thousands of transactions in seconds |
Speed | 7 transactions per second | Thousands of transactions per second |
Centralisation | Completely Public | Centrally owned by Ripple |
Price | $58,882 | $1.07 |
Energy Consumed | A lot of energy consumed while mining | A negligible amount of energy consumed |
The best XRP alternative in December 2024
XRP has amassed a massive community over the years, despite its longstanding troubles with the SEC. While this does indicate increasing interest in the project, it doesn’t, however, promise profits, at least not in the short term.
For those looking to diversify for good short-term returns while staying invested in XRP, exploring other new and trending projects could be a great fit. Flockerz could be an excellent option to consider, given its creative concept and memecoin element — something that many investors seem to be gravitating towards when it comes to investing at the moment.
Launched just a few weeks ago, Flockerz manages to communicate its unique use case to its community in the form of a creatively curated story. According to this tale, the ecosystem of Flockerz is called Flocktopia, ruled by “King Birb.”
The story follows how his centralized decision — meaning it came directly from him — led to the downfall of the entire nation, which he later corrected by giving the power of decision-making to the entire kingdom. This shift depicts a community-centric approach to governance, which forms the foundation of decentralization.
The project features Vote to Earn as its main concept, which is thus creatively conveyed to the audience. Essentially, investors will be expected to vote and share their opinions within the ecosystem, ranging from random polls to decisions about the project’s future developments.
Endorsed by leading crypto YouTubers like Claybro and many others, the project is currently conducting its presale, which has been rapidly gaining huge investments from the memecoin community. With a strong focus on its concept and a creative approach to building hype and virality, the FLOCK token of the project could be a great option for investors looking to grow their portfolio’s value in the coming months.
Long Term Investing vs Day Trading: Which is The Better XRP Investment Approach?
Day trading and long-term trading have their own sets of pros & cons that one needs to look into before diving all into cryptocurrency.
Day Trading XRP
Pros
- Ability to make gains on a daily basis
- Might be the more exciting option for many
- An additional income stream
- Short term gains and losses
- In constant touch with the market
Cons
- Higher element of risk
- Higher tax rates involved
- More paperwork required
- Constant watch on the markets
- Chances of pump & dump trades are high
Long Term XRP Investing
Pros
- Reduced tax rates
- Less paperwork involved
- Less time consuming
- Short term gains and losses
- In constant touch with the market
Cons
- Chances of missing out on short term gains
- Allows you to dollar cost average (DCA)
- Not as exciting as day trading
- Constant watch on the markets
- Chances of pump & dump trades are high
Conclusion
XRP is an old and established cryptocurrency that has been consistent with its goals and relatively stable with its price. It was certainly more stable than most other cryptos, with weaker reactions to major market changes and new developments.
It has great potential to one day become the main crypto used by banks to send money internationally. Despite its controversies and ongoing legal case, it is still a very popular, high-ranking coin.
All of this makes it worth your consideration if you are looking for another crypto to add to your portfolio.
eToro is one of the most regulated trading platforms when it comes to investing in crypto. A seamless user interface allows you to look into your trades easily and deposit through a number of payment methods.
Open an account today to also be able to network with other XRP investors and traders – eToro is a social trading platform where you can post your thoughts on the market and see other people’s XRP price predictions. You can also copytrade one or several professional traders with a history of beating the markets.
However, before you do so, research it well, and make your own decisions. XRP may not be for everyone, especially since it is different from most traditional crypto projects, so each investor needs to make this decision for themselves.
Your capital is at risk.
Key Takeaways:
- Research about the XRP coin before investing in it.
- Investing or trading in XRP coins is very risky.
- Ripple is the network used by the XRP token.
- Ripple is a payment network with almost zero transfer fees.
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Frequently Asked Questions
What is the price of Ripple right now?
At the time of writing, XRP price sits at around $0.5. The price has seen some volatility lately, but is expected by investors to regain value soon.
What drives the price of Ripple?
XRP price is being driven by a number of factors, as mentioned above. Those include availability, whales, use cases, partnerships, and external factors such as news, to name a few.
What is a realistic Ripple Price Prediction?
Realistically, XRP has gone up to $1.8 during the 2021 bull run and to $3 during the one in 2017. With that said, the coin could reach these levels again, and even go beyond them, if it wins against the SEC. If it loses, its future is unclear, but the asset will likely still survive.
Why the Ripple Price is Low?
Ripple’s price depends on a number of factors, including its massive circulating supply, use cases, adoption and usage level, and more. The coin is also less volatile than most others, so it is sticking to a fairly realistic price.
Can Ripple beat Bitcoin, aka 'Flip' it?
It is unlikely that XRP would ever be able to beat Bitcoin in any regard. No one can deny the possibility completely, but in order for it to happen, XRP would need a massive increase while BTC remains unchanged. This is extremely unlikely, although not impossible.
What was Ripple’s ICO Price?
During its ICO, XRP was selling at a price of $0.1 per unit. This was back in 2012, when the asset first appeared.
When will Ripple’s Price Go Up?
XRP price is very likely to go up during the next big bull run, which could happen at any point between 2024 and 2026. It could also skyrocket if it wins the case against the SEC.
What is the maximum price limit for XRP?
There is no maximum price that any cryptocurrency is limited by, including XRP. However, some experts believe that it could climb up to the value of $5, $10, or even up to $18, although experts believe that this would require another decade in order to happen.