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RE: Ripple'sCapitalization May Beat Bitcoin's One If The Coin Hit's $6.14
Ripple is trash in my opinion. It's supply controlled. It's price isn't realistically tied to it's market cap. That's how it got so hot so quick; most of those coins are deliberately kept off the market while money chases a relatively small supply.
Most of crypto is tied to it's market cap
That's my point. This coin XRP is NOT tied to its market cap because the supply of the coins are controlled by its creators which means the price of the coin is essentially controlled. And as ramanblindlish has stated, the coin is a token and not a true crypto currency. It was probably created as a worm into the industry by bankers and corporate interests to control capital. "Stay close to your friends but closer to your enemies". Bankers and corporations know they have to either fight this or join it.
True