Scary Ripple XRP Stats

in #cryptocurrency • 7 years ago (edited)

Looks like the market (Avg. Trans. Price) values XRP 4.8x more than the network (Market Cap / Daily Trans.).

In addition, compared to its peers (ETH, EOS, BTC), it also has higher share volume, a higher average amount of shares (and thus supply %) per transaction.

Unsure how to interpret this.

Looks like the market (as measured by avg. trans. price) is placing bets on XRP's future utility that the network (market cap & transactions) hasn't yet recognized.

Screen Shot 2017-12-31 at 10.06.37 pm.png

Update: wrong EOS volume

#cryptoasset #ripple #xrp #valuation
7 years ago in #cryptocurrency by
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