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XRPH, XRPT, and XRPDown: What These XRP-Related Tokens Are,…

By Damilola Esebame

Photo for: XRPH, XRPT, and XRPDown: What These XRP-Related Tokens Are,…

AI summary of the source article

Amid rising search interest following Ripple's 2025 SEC settlement, several XRP-prefixed tokens have caused market confusion. XRPH is a micro-cap healthcare token developed by UK-founded XRP Healthcare, which operates on the XRP Ledger independently of Ripple Labs and functions as an XRPL validator node. Meanwhile, XRPT has no listing, smart contract, or team across major aggregators like CoinGecko and CoinMarketCap. Additionally, XRPDown was a Binance leveraged token providing inverse exposure to XRP that was permanently delisted on July 25, 2023, converting remaining holdings to USDT. Most of these products bear no direct affiliation with Ripple.

Why it matters

The analysis highlights the operational and fraud risks retail investors face when confusing speculative or defunct tickers with major digital assets like XRP.

Key facts

  • XRPH is an XRP Ledger healthcare token whose market capitalization was roughly $37,000 as of a September 2026 CoinGecko update.
  • XRPT does not correspond to any listed cryptocurrency or smart contract on CoinMarketCap, CoinGecko, or recognized exchanges.
  • Binance permanently delisted its inverse leveraged token XRPDown on July 25, 2023, converting balances to USDT.