Wrapped XRP is a 1:1 equivalent of XRP represented as an ERC-20 on Ethereum.
Wrapped.com lets investors use their digital assets to lend, borrow, and trade on all major DeFi platforms. Each wrapped asset is fully-collateralized and held with a qualified custodian.
Wrapped.com is a collaboration of Tokensoft Inc. with leading custodians and other financial institutions. Tokensoft provides the technology layer via Wrapped.com that allows users to wrap their XRP into wXRP.
Wrapped XRP Price Analysis
As of December 25 2024 Wrapped XRP has a marketcap of $42M.
This is {{percentagefromath}} from its all time high of $18.37.
In terms of its tokenomics, there's a total supply of 18M with 100% currently outstanding.
Keep in mind Wrapped XRP has a fully diluted value of $42M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
![pTokens BTC [OLD]](https://coin-images.coingecko.com/coins/images/10805/thumb/J51iIea.png?1696510764){kind=small}
