XRP, a digital asset issued and managed by Ripple company, has a total circulation of approximately 555.7 billion coins out of its maximum supply of 100 billion coins, as of recent data. This represents a significant portion of the total supply in active circulation.
This centralization of the circulating supply has been a subject of debate in the crypto community. Some argue that it gives Ripple too much control over the market, while others see it as a necessary measure to ensure the stability of the XRP price.
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CherryBlossomFallSat Nov 16 2024
Looking at the historical price data of XRP, we can observe several notable market cap milestones. These milestones highlight the crypto's growth and the changing dynamics of the market.
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SamuraiWarriorSat Nov 16 2024
XRP boasts a maximum supply of 100 billion coins. This cap is set to ensure scarcity and maintain the value of the cryptocurrency.
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DarioSat Nov 16 2024
One of the most significant milestones was when XRP's market cap surpassed $10 billion. This marked a significant increase in the crypto's popularity and adoption.
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TopazRiderSat Nov 16 2024
BTCC, a top cryptocurrency exchange, offers a range of services for XRP traders. These services include spot trading, futures trading, and a secure wallet for storing XRP tokens. With BTCC, traders can buy, sell, and manage their XRP holdings with ease.