XRP, which is the token of the Ripple network, is up 20,000% in 2017. You read that correctly: twenty thousand percent.

That shatters the price rises this year in bitcoin (1,500%), litecoin (5,000%), or ethereum (8,000%).” data-reactid=”22″>The value of XRP, which is the token of the Ripple network, is up 20,000% in 2017.

You read that correctly: twenty thousand percent. That shatters the price rises this year in bitcoin (1,500%), litecoin (5,000%), or ethereum (8,000%).

At the outset of 2017, one XRP was .01 cents, or one hundredth of one cent. At the end of December, one XRP is above a dollar.

Ripple is a payment network for banks and financial institutions that allows them to send and receive currency and settle transactions more quickly and more cheaply than their existing back-end systems. raised nearly $100 million in funding and is led by CEO Brad Garlinghouse; RippleNet, the payment network, described above and now used by major partners like American Express; and XRP, the settlement token of the Ripple network.” data-reactid=”28″>There are three parts to Ripple: Ripple Labs, the San Francisco-based parent company (originally called Opencoin), which has raised nearly $100 million in funding and is led by CEO Brad Garlinghouse; RippleNet, the payment network, described above and now used by major partners like American Express; and XRP, the settlement token of the Ripple network. Read more from finance.yahoo.com…

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