XRP Profile (XRP)
Project Safety Score
Tue, Jan 25, 2022 9:20 AM
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:
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.
XRP Safety Report
XRP has a safety score of 7.6
XRP is a large cap cryptocurrency coin.
XRP is suited to a balanced investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- bitcointalk thread
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 76 active source code repositories.
The most recent commit was Thu, Jan 13, 2022 2:54 AM
- 2582 Watchers
- 7564 Stars
- 3430 Mentionable Users
- 0 Vulnerabilities
- 145 commits in the last 28 days.
- 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 more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- The overall sentiment is very positive
- Enough of a collection of articles to be just about confident of the sentiment
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.
- extremely high reddit articles
- extremely high hashtag tweets
- extremely high gitHub account watchers
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.
- very good number of news articles mentioning XRP
- very high number of headlines about XRP
- very good number of XRP YouTube videos
- good search result total
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?
- 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
- 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 Offeringseverity: warning
How complete is this profile:
A few missing data points
This profile is still waiting for the following data points
- bitcointalk thread
Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA ...Sat, Jan 22, 2022 8:08 PM
Ripple vs SEC: Here's why SEC requested an extension & ...Sat, Jan 22, 2022 5:08 PM
Global XRP cryptocurrency Market Research Report 2021 ...Sat, Jan 22, 2022 3:08 PM
Ripple's "biggest victory" triggers XRP Holders' request for ...Sat, Jan 22, 2022 3:08 PM
Cryptocurrency XRP Decreases More Than 10% Within 24 hours - BenzingaSat, Jan 22, 2022 3:08 PM