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Pump lets anyone create coins, giving everyone equal access to buy and sell from the start. Prices can move quickly, so trade carefully.
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In 2012, Jed teamed up with Chris Larsen and they pitched this project to Fugger, who gave them the mandate and they founded OpenCoin that same year. A year later, in 2013, they created XRP. In 2015, they change their name from Ripple Labs Inc. to Ripple, a name they keep to this day.
