10 Best Cryptocurrencies to Buy for Beginner Traders According To Reddit

3. XRP

Market Cap: $122.95 Billion

Value as of December 27: $2.14

XRP, launched in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, is a digital currency designed to enable fast, low-cost cross-border payments. It runs on the XRP Ledger, which uses a consensus protocol for quick transaction validation, settling payments in just 4 seconds. The XRP Ledger, launched in 2012 by Ripple Labs, is a platform using XRP as its native cryptocurrency. XRP was entirely pre-mined, with 100 billion tokens created, 80 billion of which were gifted to Ripple Labs. XRP has faced regulatory scrutiny, but its focus remains on enhancing payment speed and scalability.