Former Ripple's assets exceed Mark Zuckerberg

in #ripple6 years ago

Following the soaring price of token XRP issued by Ripple, the total assets of co-founder Chris Larsen, former CEO, surpassed Facebook's Mark Zuckerburg CEO.

Referring to the CoinMarketCap information, XRP recorded the highest yesterday's $ 3.8. Forbes reported that Mr. Larsen owns 5.19 billion XRP and possesses 17% of the shares of Ripple. From this, Mr. Larsen's total asset amounted to 84.3 billion dollars, exceeding 75 billion dollar Mr. Zuckerberg, ranked fourth in the world chief ranking. Warren Buffett, who is called God of third place investment, was thinning to $ 86.1 billion.

Mr. Larsen retired from CEO of Ripple in 2016 and is currently in the position of president.

XRP continues to soar, such as the price becoming about 15 times in the recent month. It seems that there was circumstance that rumors that XRP will be listed on the coin base of the major exchange as well as the excitement of the entire virtual currency market as a whole soared up on the Internet. Meanwhile, the coin base denied this rumor that it does not consider adding the virtual currency now. Later in the market, the price of XRP has declined more than 10%.

Indicators that are important in measuring the price of the virtual currency are total supply and market capitalization. The following is the market capitalization ranking that combined the total supply amount and price as of 2050. The total supply of XRP is 100 billion XRP, and 38.74% of the total supply is on the market now. The total supply of bit coins is 21 million BTC, already about 80% are on the market. When calculating the market capitalization by total supply amount and price, the ripple was already about the same as the bit coin, and as of January 4th it exceeded the bit coin.

Due to the small number of objects to be compared, it is very difficult to measure the appropriate price of the virtual currency. Many virtual currencies currently have many tokens that are not yet used in the real world, and the price predominates in the future. If we compare only the former CEO of Ripple who is not yet actually used and the total assets of Facebook CEO used around the world, the expectation for the future included in the ripple price is very large Understand.

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