Ripple Price Surges 35%, Hits $141 Billion Market Cap by shabbirawan

cryptocurrency · @shabbirawan · Jan 4 '18

$0.06

Ripple Price Surges 35%, Hits $141 Billion Market Cap

The Ripple price, which many investors claimed could not increase further after reaching $3, has demonstrated yet another 33.8 percent surge over the past 24 hours, as the market valuation of Ripple surpassed $141 billion.



Meteoric Rise
Over the past seven days, the market valuation of Ripple has risen from $52 billion to $141 billion, by nearly three-fold.

Ryan Shea, a highly respected bitcoin developer and the co-founder of Blockstack, revealed that the “implied” market cap of Ripple, or the market valuation of the Ripple network based on the maximum supply of XRP, has surpassed bitcoin.

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