Ripple: XRP Sales Skyrocketed In The First Quarter Of 2019

2019-4-26 22:31

Ripple is back in the news as it reports a nice 31% increase in its XRP sales over the first quarter of 2019. That’s a total of $169.42 million within the first 3 months of 2019 as compared to the $129.03 million over the same period last year.

Of these sales, institutions bought about $61.93 million worth of XRP directly from Ripple, marking a 54% increase in direct sales in Q1. Over the same period, automatic sales grew by 21% from $88.88 million to $107.49 million.

Bad News?

While Ripple’s XRP sales increased, the same cannot be said of the trading market for the crypto. During Q1 of 2019, the total global trade of XRP experienced a 2% decrease from the $54.82 million traded last year to $53.85 of this year.

Supporting The XRP Ecosystem

According to Ripple, the company released a total of 3 billion XRP tokens into the market during Q1 2019. Of these, 2.3 billion were recouped and locked in new escrow holdings. With that done, Ripple plans to use the extra XRP in its efforts to support the crypto’s ecosystem.

120 Exchanges

XRP has gained great popularity over the last few years, growing to become the 3rd largest cryptocurrency by market capitalization. Bitcoin and Ethereum come first and second respectively. However, there have been a few occasions where XRP has toppled Ethereum to take the second position.

Currently, XRP is listed and available for trading on over 120 exchanges across the world. Within the first 3 months of 2019 alone, XRP was added and availed for trading by about 19 new crypto exchanges. This indicates the crypto’s growing popularity as well as Ripple’s growing efforts in propping it up.

Low Volatility

While the crypto market has been known to be very volatile, XRP has made a name as one of the most stable cryptos around. Between January and March 2019, XRP marked its second least volatile quarter, with Q4 of 2013 making history as the least volatile period for XRP.

The post Ripple: XRP Sales Skyrocketed In The First Quarter Of 2019 appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) íà Currencies.ru

$ 1.1532 (+3.74%)
Îáúåì 24H $6.921b
Èçìåíåèÿ 24h: 6.27 %, 7d: 51.48 %
Cåãîäíÿ L: $1.0851 - H: $1.1536
Êàïèòàëèçàöèÿ $65.654b Rank 6
Öåíà â ÷àñ íîâîñòè $ 0.2915 (295.61%)

2019 sales ripple xrp quarter skyrocketed million

Èñòî÷íèê: zycrypto.com

2019 sales → Ðåçóëüòàòîâ: 51


Q1 2019 XRP Markets Report

Ripple sold $169.42 million of XRP in Q1 2019 Ripple’s Q1 sales accounted for 0.32 percent of global XRP volume Three billion XRP were released out of cryptographic escrow, 2.30 billion returned to escrow XRP is now listed on approximately 120 exchanges worldwide   Sales Summary (dollars in millions) Q4 2018 Q1 2019 Institutional direct … Continued The post Q1 2019 XRP Markets Report appeared first on Ripple.

2019-4-25 19:00


Ôîòî:

Coinmama Exchange Review 2019 – Is it 100% Legit and Safe?

Coinmama is a bitcoin broker that specializes in selling Bitcoins for credit card to nearly anyone in the world. This website also allowed you to buy Bitcoins with Western Union. However, it is no longer working with Western Union and it now offers direct sales of Bitcoin through the use of a credit card/debit card […] The post Coinmama Exchange Review 2019 – Is it 100% Legit and Safe? appeared first on CaptainAltcoin.

2019-4-9 23:45


CPI Technologies Presents Turnkey Blockchain Solutions, for Secure, Scalable Software Development

Bitcoin Press Release: CPI Technologies is a decentralized software company, which offers blockchain ecosystem development for individuals and companies. March 14th, 2019, Mainz, Germany – Blockchain Software Development and Marketing company CPI Technologies provides the development, deployment, and maintenance of finance and blockchain systems.

2019-3-18 10:12


Folex – the New Cryptoexchange Combining Money and Entertainment

After 14 months of test pooling for the perfect strategy, a new cryptocurrency exchange opens its doors on the 15th of March, 2019. Folex promises to captivate it’s traders by offering a wave of unique features, rather than having heavy utility token sales and fundraises, which the Folex family finds overvalued and a burn of investor money.

2019-3-15 16:57


Ôîòî:

Folex – The New Crypto Exchange Combining Money and Entertainment

After 14 months of test pooling for the perfect strategy, a new cryptocurrency exchange opens its doors on the 15th of March, 2019. Folex promises to captivate its traders by offering a wave of unique features, rather than having heavy utility token sales and fundraisers, which the Folex family finds overvalued and a burn of […] The post Folex – The New Crypto Exchange Combining Money and Entertainment appeared first on ZyCrypto.

2019-3-14 20:59


Ôîòî:

Coinmama Bitcoin Exchange Review 2019 – Is it 100% Legit and Safe?

Coinmama is a bitcoin broker that specializes in selling Bitcoins for credit card to nearly anyone in the world. This website also allowed you to buy Bitcoins with Western Union. However, it is no longer working with Western Union and it now offers direct sales of Bitcoin through the use of a credit card/debit card […] The post Coinmama Bitcoin Exchange Review 2019 – Is it 100% Legit and Safe? appeared first on CaptainAltcoin.

2019-1-2 16:45


äàëüøå åùå 2 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru