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XRP's market cap currently approaches $174 billion. If it increased by 200 times, the cryptocurrency would be worth $34.8 trillion. That's roughly twice the current market caps of the so-called ...
Ethereum (ETH) Price: $3,290.25. Market cap: $396.38 billion. ... Formerly known as Ripple and created in 2012, XRP offers a way to pay in many different real-world currencies. XRP can be useful ...
The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie Lee: Scrypt: C++ [10] PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. 2011 Namecoin: NMC Vincent Durham [11] [12] SHA-256d: C++ [13] PoW: Also acts as an alternative ...
Ether (abbreviation: ETH [a]) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. [2] [3] It is open-source software. Ethereum was conceived in 2013 by programmer Vitalik Buterin. [4] Other founders include Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph ...
The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
The coin has attracted over $120 billion in new investment, and reached a market cap of $156 billion since Donald Trump and a host of other crypto-friendly candidates won election on Nov. 5.
The market capitalization of a cryptocurrency is calculated by multiplying the price by the number of coins in circulation. The total cryptocurrency market cap has historically been dominated by bitcoin accounting for at least 50% of the market cap value where altcoins have increased and decreased in market cap value in relation to bitcoin.
As of this writing, XRP carries a market cap of $34.6 billion. But can it rise 29-fold to become a trillion-dollar cryptocurrency by 2040? Here's what investors should know.