$2.45
1.79%
$2.39
24h Range
$2.50
Market Cap
$43,937,325.0
Fully Diluted Valuation
$43,971,519.8
24 Hour Trading Vol
$5,051.8
Circulating Supply
17,947,559.1
Total Supply
17,947,559.1
Max Supply
∞
Wrapped XRP Price
$2.45
24h Range
$2.39 - $2.50
Percent Change 1h
0.12%
Percent Change 24h
1.79%
Percent Change 7d
-14.22%
All-time high
$18.37
All-time low
$0.125
1D
7D
1M
1Y
All
Wrapped XRP (WXRP) is an ERC-20 token that represents XRP on the Ethereum blockchain. This tokenization allows XRP holders to use their assets within the Ethereum ecosystem, particularly in decentralized finance (DeFi) applications. The primary goal of WXRP is to bridge the gap between XRP and Ethereum, enabling users to access various DeFi services while maintaining the value of their XRP holdings. By wrapping XRP in this manner, users can participate in yield farming, liquidity pools, and other DeFi activities that are otherwise unavailable to traditional XRP holders.
Wrapped XRP was developed by a team of blockchain enthusiasts and developers, primarily associated with the Wrapped.com initiative, which focuses on creating wrapped tokens for various cryptocurrencies. While the project does not have widely publicized individual founders, it operates under the broader ethos of decentralized finance, emphasizing community engagement and collaborative development. The initiative aims to provide a seamless experience for users transitioning between different blockchain ecosystems.
Wrapped XRP operates through a smart contract system that facilitates the conversion of native XRP into WXRP. The process involves several key steps:
Wrapped XRP leverages Ethereum's smart contract capabilities, allowing it to be easily integrated into various DeFi platforms, thereby increasing its utility and liquidity.
Wrapped XRP has several significant use cases within the DeFi ecosystem:
Keeping your Wrapped XRP safe involves several best practices:
Investing in Wrapped XRP (WXRP) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Wrapped XRP: Once your account is funded, you can purchase Wrapped XRP directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Wrapped XRP using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Wrapped XRP (WXRP) is currently trading at $2.45 and exhibits good potential for future growth. Check the latest Wrapped XRP (WXRP) price prediction.
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