Post
Topic
Board Altcoin Discussion
Re: Is XRP overpriced?
by
kokojie
on 30/04/2013, 22:03:18 UTC
Right now, at bitstamp, you can buy ~200 XRP for 1 USD.

There are about 100 billion XRPs, so XRP market cap is about 500 million USD.

I suppose it's too much for such young currency.

No there's infinite amount of XRP, since it is centrally controlled and can be arbitrarily increased.