Ripple update: XRP Will be #2 By Market Cap before EOY 2019
Last year the market cap of ETH was roughly three times that of XRP. Today it’s less than double. Unless some ETH second coming happens it will be overtaken by XRP.
With this in mind I wonder about the following…
* Is market cap really meaningful in any way?
* If not what’s a better indicator of an assets strength?
* What does it really mean other than momentum if XRP exceeds ETH in market cap?
* Given that 1 BTC can be subdivided more than 1 XRP, is XRP market cap comparable against BTC?
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About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Author: cenuij
Score: 5
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