How much is the earliest Ripple coin?

Ripple (XRP) was originally launched in 2012 at a price of $0.005. After reaching a high of $0.025 in 2013, the price corrected back to $0.006 in 2014. Stable fluctuations followed until surging to $3.84 in 2017. Following the market downturn in 2018, the current price is around $0.38.

Historical Price of Ripple

Ripple (XRP) was originally launched in 2012 as OpenCoin. Their initial price was $0.005 each.

Early Ripple Price Rise

In 2013, the price of XRP began to rise, reaching an all-time high of $0.025 per coin in December 2013. This is mainly due to its growing popularity as a digital currency and cross-border payment platform.

2014 Price Correction

In 2014, the price of XRP corrected significantly and dropped to approximately $0.006 per coin. This is partly due to the decline in the overall cryptocurrency market, as well as concerns about Ripple’s centralization.

Steady Growth

From 2015 to 2017, the price of XRP was relatively stable, fluctuating between $0.008 and $0.015. During this time, Ripple focused on building partnerships with financial institutions and expanding its global reach.

2017 Price Surge

The cryptocurrency market in general was on the rise in 2017, and Ripple was no exception. In December of that year, the price of XRP soared to an all-time high of $3.84 per coin. This is largely due to speculative enthusiasm for the cryptocurrency, as well as Ripple’s partnerships with major companies such as SBI Group.

2018 Market Downturn

In 2018, the cryptocurrency market fell significantly, and Ripple was also affected. Its price has dropped all the way to about $0.25 per coin.

Current XRP Price

As of March 2023, the price of XRP is approximately $0.38 per coin.

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