What is the earliest issuance price of Ripple?
- DDDOriginal
- 2024-04-23 10:32:45348browse
Ripple (XRP) was first issued on the public market in 2013 at $0.005. Initially, XRP was issued only through distribution to specific investors and partner companies, and was not sold to the public.
The earliest issuance price of Ripple Coin
The earliest issuance price of Ripple Coin (XRP) is0.005 USD .
Detailed Description
- Ripple was issued in 2012 by Ripple Labs.
- Initially, XRP did not have a public sale, but was issued through distribution to select investors and partner companies.
- XRP was first traded on the public market in 2013, with an initial offering price of $0.005.
- Since then, the price of Ripple has experienced significant fluctuations, reaching as high as $3.40 (January 2018).
It is worth noting that the issuance price of $0.005 is the initial reference price determined when Ripple first trades on the open market. Since then, the price of XRP has fluctuated based on market supply and demand.
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