Market Update: Ripple is on fire, Steem up big then sell off

in #cryptocurrency7 years ago (edited)

Ripple has a 28.8% gain on the day closing at $.329. This morning Steem was up 31% over $1 but by the end of the day it sold off down to $.88 making down 4.54%. It seems that the news that a major bank in Japan will use ripple is still pushing it higher.

steem.jpg

Monero gets knocked down to #9 in market cap stellar lumens now at #8.

https://coinmarketcap.com/
Rank Name Market Cap Price
#2 Ripple $12,631,974,801 $.329
#10 Steem $206,393,900 $.883

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Solid post. I was about to start a similair discussion. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. An interesting website I found: https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights. For example: https://www.coincheckup.com/coins/Ripple#analysis For a complete Ripple Research report

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