iXRP
IXRP

0.09000
$
0.00 %
Change 24h
Market Cap
$ 3567.5
Volume 24h
$ 586,723
Circulating Supply
38,710
Total Supply
207,898
IXRP
$
Description
Inversely tracks the price of Ripple (XRP) through price feeds supplied by an oracle. The entry point is $0.2605 (the approximate market price at time of creation). This Synth freezes when it reaches its upper limit of $0.3908 (i.e. when Ripple's value reaches $0.1302) or its lower limit of $0.1303 (i.e. when Rippleā€™s value reaches $0.3907). If it reaches either of its limits and gets frozen, it will no longer be able to be purchased on Synthetix.Exchange, but can still be traded for other Synths at its frozen value. At some point after it has reached either of its limits, it will be substituted for another iXRP with different limits.
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