$XRP

XRP: Fun Facts and Trivia About Ripple's Cryptocurrency

XRP is one of the most talked about cryptocurrencies on the market, with a history full of curious events. Created by Ripple Labs, it is not mineable like Bitcoin, but all of its coins (100 billion) have been pre-generated. An interesting fact is that XRP is designed to facilitate international payments with transaction times of less than 4 seconds, making it much faster than Bitcoin and Ethereum.

One of the funniest episodes is that in 2018, the value of XRP exploded so much that for a short time Chris Larsen, co-founder of Ripple, was one of the richest people in the world with a net worth greater than that of Mark Zuckerberg!

Interestingly, XRP has been at the center of a legal battle with the SEC since 2020, but despite this, it continues to be used by banks and financial institutions for global transactions. Furthermore, some joke that XRP is the “cockroach coin” because, despite all the difficulties, it seems impossible to eliminate from the market!