Post
Topic
Board Altcoin Discussion
XRP implied market cap is now larger than BTC's !
by
Calangaman
on 17/05/2017, 09:16:10 UTC
As of May 17 2017

1 BTC is worth $ 1790, maximum 21 millions coins. Implied market cap = $ 37.59 billions
1 XRP is worth $ 0.41, maximum 100 billion coins. Implied market cap = $ 41 billions

Do you believe that this is justified ?

To me, it shows that XRP is completely overvalued.