Crypto Academy season 2Week 1 - Homework Post for @yohan2on

Hello steemians
In this post, I am presenting my S2 Homework Task 1 here, which I did as required by @yohan2on Crypto Professor.

Write about any one of the following Altcoins

Litecoin (LTC)

• Ripple (XRP)

Binance coin (BNB

https://images.app.goo.gl/DWpknfPtYvwH2kCLA

What is altcoin?

It is derived from both the alternative + coin. It means that the real crypto currency other than bitcoin is called Altcoin. After bitcoin in 2009, many real crypto currency has been built on a lot of technology like Ripple, Litcoin, ethereum. There are 4000 cryptocurrencies called Altcoin in the world.

How does altcoin work

Like Bitcoin, Altcoin usually works. Use your private key to transfer funds to another user. A blockchain and recording ledger exists like a crypto currency where the transaction is publicly and permanently registered. Prevents trades and transactions. Pushing the blockchain Is modified by Confirms the transaction.

What is ripple (XRP) ?

XRP is a crypto currency. Ripple is the company making this inquiry. A company based in the US created Ripple in 2012. It is a source platform.The main objective of the makers was that they wanted to create a platform in which transactions could be done easily and immediately. He created a platform named Ripple. This platform, founded by Chris Larson, was fast and secure.

XRP value/price Statistics

XRP was recently pumped at $ 1.66. It has almost increased. 64% in the last seven days. And appx has increased 24% in the last 24 hours. If it goes on like this, it will break ATH soon. This is a really good coin.

XRP market stats

https://coinmarketcap.com/currencies/xrp/

This picture has a price view of die XRP which is running at the moment. The price has gone down in 24 hours. It has changed the value in 24 cubes. It shows how much its trading value is. The rank of this coin is now 4 .

This screenshot is taken from its binance application.

The above image shows a 24-hour Chart of XRP. You can also check the chart of 7d, 14d, 30d and more. This Chart shows the market conditions of XRP. Recently It was pumped to $1.80. Apart from this, you can also check the chart in BTC / ETH. Below I am sharing the chart of 7d, 30d and 180d, you can see how XRP has touched unevenly in just a few days

Why choose ripple XRP

If we paid from the bank as before then money would have been consumed more. If we send a dollar from it to another country, then it gets charged. So let's use Ripple to deal with it. Get XRP from 5 to 10 seconds. It is really fast and is also safe. XRP is very easy to buy, sell and send.

Thank you

Cc:-
@Seemit blog
@yohan2on