Date of issue: $XRP and lowest price since its issuance
Ripple (XRP) was introduced in 2012, and traded at a fraction of a cent until the end of 2017. Starting in 2018, increased interest in cryptocurrencies and Ripple’s partnerships with major financial institutions caused its price to rise significantly, reaching $3.80 on several cryptocurrency exchanges.
After its peak in 2017, the entire cryptocurrency market experienced a long period of decline, with the price of Ripple (XRP) falling below $1. During the Bitcoin rally in April 2021, the price of Ripple (XRP) rose again to above $1.
Since early 2018, the price of Ripple (XRP) has fallen by more than 85 percent from its peak.
The estimated circulating supply has exceeded 55.4 billion units, which is just over 50% of the maximum supply of 100 billion. In addition to the long legal battles with the Securities and Exchange Commission (SEC), the price of the currency has been negatively affected for eight years by the continuous sales of his 9 billion Ripple (XRP) stock by one of the company’s founders, which he has been selling since leaving in 2014.
2017 Low Price 0.003
2018 Low Price 0.245
2019 Low Price 0.175
2020 Low Price 0.114
2021 Low Price 0.208
2022 Low Price 0.287
2023 Low Price 0.3
2024 The lowest price was 0.426
Currently 2.4116 A sudden rise occurred