Who can explain the market cap of Ripple being 333,000,000 against a token of .009. Does this have to do with dilution?
ETH is trading at $12 with market cap of 1B (Ripple x 3)
What is keeping Ripple down? Tokens outstanding?
There are 35B tokens in the market, Ripple holds 65B. 35B × $0.009 = ~330M marketcap.