XRP profile
XRP Profile (XRP)
Score: 8.31 | Strong
Cryptocurrency Balanced Large Cap
Project Safety Score

Sat, Sep 25, 2021 9:33 AM

Score 8.31
Rating Strong
Market Cap $44377814745.453
24hr Volume $4442548007.7563
Price $0.94991558227365
Review

XRP

coin

XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database. Ripple was first called OpenCoin and was launched in 2012.

Read more in the whitepaper:
https://ripple.com/files/ripple_consensus_whitepaper.pdf

XRP Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

XRP Safety Report

XRP has a safety score of 8.31

XRP is a large cap cryptocurrency coin.

XRP is suited to a balanced investment style.


XRP Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • bitcointalk thread
  • exchanges

XRP Red Flags

Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.


XRP Development Score

The XRP project has 80 active source code repositories.

The most recent commit was Thu, Sep 23, 2021 5:03 AM

  • 2691 Watchers
  • 7557 Stars
  • 3841 Mentionable Users
  • 0 Vulnerabilities
  • 172 commits in the last 28 days.
Highlights:
  • extremely high stars
  • extremely high watchers
  • extremely high mentionable users
  • extremely high repo stars
  • daily repo updates

XRP Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very good indicating that this project is well-regarded in the community who talk often and mostly postively about this project.
Highlights:
  • The overall sentiment is very good

XRP Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on XRP?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall XRP has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high reddit articles
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • extremely high search result count

XRP Awareness Score

The awareness score indicates how well XRP is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the XRP is but a good measure of longevity is how well the project is known by the general public.

Overall XRP this project is well known by the general public. There are lots of articles and posts in the main stream media outside the crypto currency community.

Highlights:
  • extremely high search result total
  • extremely high news articles mentioning XRP
  • very poor news articles directly about XRP

XRP Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Aug 4, 2013)

XRP Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very high USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

XRP Red flags
  • SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering
    https://www.sec.gov/news/press-release/2020-338

    severity: warning
XRP Exchanges
XRP
Community Trust Score (XRP)

2.86/5

7 reviews
StaDoukas
Tue, Sep 21, 2021 8:12 AM
Completely centralized project which has no relation with the original cryptocurrency idea (like the most right now!). People don't understand that its founders just *created* asset units out of nowhere and allocated them in THEIR addresses ? ( 100% premined - owned by the founders) All its buyers are not buying a crypto now, they are buying the founder's coins which were literally made out of thin air and with marketing they convinced that this is a "crypto". Completely Company-driven, wake up people with these scams
0 0
Tony Alligatour
Wed, Jun 9, 2021 10:00 AM
shitcoin, SEC, security
3 1
Jeff
Mon, May 17, 2021 8:45 PM
An amazing project with more banks and countries backing it than any other coin on the market.
2 4
Fib
Tue, Apr 6, 2021 2:23 PM
This is a speculative coin, it is worth nothing
6 7
Hohn K
Thu, Jan 28, 2021 12:53 PM
An amazing open source and decentralized technology.
6 7
Meh
Fri, Jan 22, 2021 8:33 AM
Centralized shitcoin
12 9
Matthew
Sat, Dec 12, 2020 10:50 AM
I brought this when it was 2c!
5 7

87.50%

Complete
Profile Status

How complete is this profile:

A few missing data points

This profile is still waiting for the following data points

  • bitcointalk thread
  • exchanges
Community Signals

2.86/5

(7 reviews)
Community Trust Score
Market Cap Rank:
6
Voted:
scam
Bulls v Bears:
neutral
Watching:
0
Trending Position:
XRP Github
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