Often mistakenly called “Ripple,” XRP has fared the worst of the top cryptocurrencies. It’s trading around 30 cents Thursday after climbing to $3.77 in January.
Ripple is a fintech company that focuses on global payments, and holds the majority of XRP the cryptocurrency. XRP is a cryptocurrency, independent of the company, that can be used on Ripple’s platforms.
- If you invested $1,000 in XRP at its high earlier this year, you would have lost the vast majority of that investment — $920.