XRP/Ripple Coin Launch Price in Chinese Yuan

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Ripple (XRP) has long stood out as one of the most widely recognized digital assets in the cryptocurrency space. With a current market capitalization of over $119 billion and a 24-hour trading volume exceeding $2 billion, XRP remains a popular choice among investors globally. At the time of writing, XRP is trading at approximately $0.2735—or about 1.88 CNY—reflecting steady market interest. While many investors closely monitor its current price movements, far fewer understand its origins, particularly the XRP launch price in Chinese yuan.

This article explores the foundational aspects of XRP, including its initial release price, total supply, historical price trends, and key facts every investor should know. Whether you're new to digital assets or a seasoned trader, understanding XRP's roots can offer valuable context for evaluating its long-term potential.

What Was the Initial XRP Launch Price in Chinese Yuan?

XRP was first introduced in 2013, with its official trading beginning on April 18, 2014. During its early days, the coin was virtually negligible in value—its original launch price was just 0.0000007 CNY per token. This ultra-low starting price reflects the experimental nature of early blockchain projects and the limited awareness surrounding cryptocurrencies at the time.

Despite this humble beginning, XRP experienced explosive growth during the 2017–2018 bull run. By late 2017, it surged to an all-time high of 20.8 CNY, marking an astronomical increase from its initial value. Although prices have since corrected, XRP remains one of the top digital assets by market capitalization, currently trading around 2.10 CNY (as of latest data).

The project was developed by Ripple Labs, formerly known as OpenCoin, and is designed to facilitate fast, low-cost international money transfers. Unlike traditional financial systems that rely on intermediaries like banks or credit card networks (e.g., Visa or Mastercard), Ripple enables near-instant cross-border transactions using decentralized ledger technology.

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Total Supply of XRP: Is It Capped?

One of the most frequently asked questions about XRP is whether its supply is limited.

Yes—the total supply of XRP is fixed at 100 billion coins. Unlike some cryptocurrencies that allow ongoing mining or minting, no additional XRP will ever be created. This hard cap was established at the network’s inception to ensure predictability and prevent inflation.

Out of the 100 billion tokens:

Each XRP can be divided into one million units, with the smallest unit called a "drop" (dXRP). That means:

This high level of divisibility allows for microtransactions and ensures scalability even as adoption grows.

Why Is the Fixed Supply Important?

A capped supply contributes to scarcity, which can influence long-term value perception. Additionally, because Ripple does not rely on energy-intensive mining (like Bitcoin), all XRP tokens were pre-mined at launch. This design choice supports faster transaction speeds and lower environmental impact.

Historical Price Trends of XRP

XRP’s price journey since its inception offers insight into market cycles and investor sentiment. Below is a summary of key yearly price milestones:

In yuan terms:

From a mere fraction of a cent in its early years, XRP rose to nearly 29 CNY at its peak—an increase of over 500 times during 2017–2018 alone.

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Frequently Asked Questions (FAQs)

What was XRP’s original price in RMB?

XRP’s initial launch price was 0.0000007 CNY per coin when it debuted in 2013.

Can new XRP coins be mined?

No. All 100 billion XRP tokens were pre-mined at launch. There is no mining mechanism for XRP.

How many XRP coins are in circulation?

As of now, approximately 436.85 billion XRP are circulating, though this number increases slightly each month as escrowed funds are released.

What is the purpose of XRP?

XRP is designed to serve as a bridge currency for fast, low-cost international payments. Financial institutions use it to settle cross-border transactions within seconds, reducing reliance on traditional intermediaries.

Why did XRP surge in 2017–2018?

The surge was driven by growing institutional interest, Ripple’s partnerships with global banks, and broader market enthusiasm during the cryptocurrency bull run.

Is XRP a good investment?

While past performance doesn’t guarantee future results, XRP continues to play a strategic role in Ripple’s vision for global payments. Investors should conduct thorough research and consider regulatory developments before investing.

The Role of Digital Wallets in Managing XRP

Before purchasing or trading XRP—or any digital asset—it's essential to have a secure way to store it. A digital wallet is critical for safely holding, sending, and receiving cryptocurrencies.

There are two main types:

While some users opt to keep small amounts on exchanges for convenience, transferring larger holdings to private wallets enhances security against hacks or platform failures.

👉 Learn how to securely manage your digital assets with trusted tools and practices.

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In conclusion, understanding XRP’s origin—from its near-zero launch price to its role in modern financial infrastructure—provides deeper insight into its enduring relevance in the digital asset ecosystem.