Ripple, the second strongest currency in the world in terms of market value, recorded a new record on Thursday as it continued to grow strong.
Ripple also recorded a high figure of $3.26 on the Poloniex stock Exchange earlier, and at $2.99 by 06:22 a.m. East Time
Ripplee or XRP now owns a market value of $137.7 billion in second place after the Bitcoin, with a market value of about $249 billion.
The Ripple sells the Chen block technology supported by its own currency, to banks, payables and other financial institutions to speed up cross-border payments.
Block-chain known as the Distributed Account books technology allows large amounts of data to be stored on a scattered network of computers all over the world, instead of concentrating on a single central server.
The cluster chain was originally used to record all coefficients, but companies have increasingly stumbled on alternative uses for this technique, such as payments, commercial finance and identity verification.
Prices have also risen as a result of the news that Ripple has been experimenting with a number of major financial institutions, including American Express and Santander.
Prices have also gained momentum as investors search for alternative digital work beyond the configuration. The dominance of the Bitcoin on the currency market reached its lowest level at all on Tuesday.
The value of Ripple rose by more than 32,000% throughout 2017. The year started trading at about $0.006 and ended at $1.98.
The earnings of Ripple exceeded in 2017 the profits of the Etherieum and the composition who rose by about 9000% and 1400% respectively.
We had been working on the 14,381.00 at the Bitfinex Stock Exchange, having reached its lowest level at $064.00 earlier.
The Crypto currency has risen nearly 20 times since the beginning of 2017, rising from less than $1000 to higher than 19,891 on Dec. 17 on the Bitfinex stock Exchange and more than $20,000 in other stock exchanges.
However, the price dropped from its highest level at all in mid-December by almost half over the rest of the month before recovering to about $14,000.
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