XRP in the value of 170 million US dollars sold – Ripples revenue grows 31 percent in Q1

the demand for Ripples XRP has increased since the beginning of the year significantly. In his quarterly report Ripple, from January to April, 2019 169,42 of millions of dollars in XRP sold. The turnover corresponds to 0.32 percent of the global XRP volume.

Polina Khubbeeva
26. April 2019BTC$5.273,00 -3.21%part Facebook Twitter LinkedIn xing mail

Ripple sold in 1. Quarter of this year, almost 170 million US dollars in XRP, as the company in its quarterly report dated 24. April. This corresponds to a sales growth of 31 percent compared to the fourth quarter of 2018. At the time, Ripple XRP tokens sold to the value of 129,03 million US dollars. The sales value from Q1, according to information contained in the report of 0.32 percent of the global XRP volume. About 120 crypto exchanges worldwide XRP lists.

Three billion dollars XRP assets from fiduciary

a Total of released Ripple gave as a result three billion XRP Token of his trust; a billion per month. 2.3 billion walked back into the trust, while the remaining 700 million will be used to support the XRP Ecosystem. The recovered XRP is being addressed, new trust contracts.

To the XRP-projects to be funded with the earned money, however, the XRP Labs, Forte, a Tool Provider for Game developers and Bolt Labs, which are especially easy-to-use payment systems to develop.

Ripple on the place of three of the Cryptocurrencies

Currently, the XRP to place the crypto is currencies according to market capitalization. This is 12.7 billion US dollars. The focus of the Ripple dimensions is known to banks and companies. The 2012 published the Open-Source Protocol promises to be accordingly efficient and powerful transactions.

Meanwhile, can Ripple with his XRP TipBot some success in major IT companies have: just last week, crypto-media speculated about an upcoming Integration of the XRP in the video telephony and messenger service Skype. Numerous companies, among them Reddit, Twitter, Gmail, and Microsoft Outlook, use the technology, therefore, already on their platforms. The Micropayment App XRP TipBot allows for smaller Peer-to-Peer payments in Ripples crypto-Token.

In a commentary on the market situation, Ripple notes in his report that despite the price Crash and cryptography-Winter, the readiness of the financial market increases, the Blockchain technology in its structures. Mobile Wallets and Cross-Border Payments to offer development opportunities for those crypto-companies that have weathered the crisis.

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