$XRP

*Market Overview*

- *Current Price:* $2.50

- *24-hour Change:* -2.83%

- *Market Capitalization:* $139.06 billion

- *Trading Volume (24h):* $6.27 billion

- *Circulating Supply:* 57.12 billion XRP

*XRP Ledger*

- *Technology:* Open-source, permissionless, and decentralized

- *Transaction Costs:* Low-cost transactions ($0.0002)

- *Settlement Speed:* Fast settlement (3-5 seconds)

- *Scalability:* High scalability (1,500 transactions per second)

*Founders and History*

- *Founders:* Chris Larsen and Jed McCaleb

- *Founded:* 2012

- *Ripple Labs:* Involved in a lawsuit with the SEC since 2020

*Monthly Returns (2024)*

- *January:* 23.87%

- *February:* -4.12%

- *March:* -24.07%

- *April:* 21.60%

- *May:* -4.14%

- *June:* -13.24%

- *July:* 47.68%

- *August:* 8.52%

- *September:* -14.07%

- *October:* -0.88%

- *November:* 177.04%

- *December:* -66.99% (as of December 9)

*Additional Information*

- *XRP's Consensus Mechanism:* Federated consensus, which allows for fast and energy-efficient transactions

- *Use Cases:* Cross-border payments, liquidity provision, and decentralized finance (DeFi)