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Since their inception with Bitcoin (BTC), cryptocurrencies have played a crucial role in the global economy and have only proceeded to expand and find widespread use. Numerous cryptocurrencies have been developed to provide various services and remedies to societal and global economic problems.
One of these cryptocurrencies, called Ripple (XRP), was developed to offer options for rewarding users and buyers in the neighbourhood. There will always be something greater than the former, even though Ripple (XRP) provides a ton of features needed for rewards and more, the Big Eyes Coin (BIG) is sure to provide more sophisticated capabilities for reward and transactional operations in the cryptocurrency market.
The Ripple network launched in 2012 and the goal was to compete with classic banking systems and institutions using the Ripple (XRP) cryptocurrency. One of the main goals of XRP is to build a network that can handle an insane number of transactions at very high speeds. The idea was to build a network with a cryptocurrency that would be more sustainable than Bitcoin (BTC). This idea was conceived by Jed McCaleb and with the help of David Schwartz and Arthur Britto, Ripple (XRP) was created.
XRP launched at USD 0.01. By September of the next year, it had gone up to USD 0.014 which was the highest since its launch. However, XRP started 2017 in a bad position with a price of USD 0.006 but by April of 2017, its market cap crossed USD 1 billion. By the end of 2017, its price had exceeded USD 1. In January of 2018, XRP hit an all-time high of USD 3.84.
For a brief moment, it was the second biggest cryptocurrency by market cap
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