That is the circulating supply of 38 billion.... there is another >50 Billion XRP held by Ripple which they plan to release. Meaning you are correct. It would devalue the coins even further.
Type: Posts; User: wbrown
That is the circulating supply of 38 billion.... there is another >50 Billion XRP held by Ripple which they plan to release. Meaning you are correct. It would devalue the coins even further.
No, I didn't say that about Bitcoin because a $235 Billion market cap (Bitcoin currently) is realistic. A $9.67 TRILLION market cap (what ripple would be if it hit $250) is NOT. It would be worth...
If you think Ripple could ever get to $250 you need to learn a little about Market Capitalization. I'll save you some time though:
XRP will NEVER get to $250. Not even close.