Once you start learning about crypto, you'll discover some common understandings. For instance, everyone knows ETH gas fees are disgusting, DYOR is a crypto way of life, and you better know where you stored the passwords for your wallets. Another common understanding is if you use a centralized financial institution, you are not in control of your own money. Between third party intermediaries, fiat conversion rates, fraud, among many other concerns, centralized financial institutions waste both your valuable time and money.

XRP is a cryptocurrency created by Ripple Labs to support their array of blockchain products designed for centralized financial institutions. Offering borderless payments, faster transaction speeds, and lower costs, Ripple has already partnered with many institutions around the world. Ripple stayed clear of Proof of Work and Proof of Stake, and created it's own means of consensus called the XRP Ledger Consensus Protocol. Unlike others, becoming a validator on this network offers no reward as participants only join to sustain the protocol. Despite already being sued by the SEC, XRP consistently reigns amongst the top 10 on cryptocurrency watch lists. 

XRP reached it's all time high on 1/4/2018 with a price of $3.84 USD. It reached it's all time low on 7/7/2014 with a price of $0.002802 USD. As of 6/12/2022, it is trading at a price of $0.3602 USD. XRP has a max supply of 100,000,000,000 coins and a total supply of 99,989,535,142. With a circulating supply of 48,343,101,197, XRP currently boasts a market cap of $16,775,196,308.27. Prior to making any financial investments or decisions, be sure to speak with a financial expert and do your own research. You can read more about XRP on their website and white paper. You can get all groovy with their groupies on Twitter. 

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