by bitcoinist 01/25/2019
Ripple, the company behind XRP, may be overstating the digital token’s real market cap by as much as 47 percent, according to cryptocurrency data company Messari. A Hole in the Plot According to a new Messari report, the total circulating supply of XRP is 21.8 billion. This differs significantly from data provided to third-party crypto data services such as CoinMarketCap, where the displayed circulating supply is around 41 billion XRP at the time of writing
Ripple price topped near the $0.3425 level and later declined sharply against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3350 on the 4-hours chart of the XRP/USD pair (data source from Poloniex). The pair could accelerate losses if there is a downside break below the $0.3000 support level....
Ripple recently released its final quarterly performance for 2018 showing total XRP sales of $535.56 million for the whole of 2018. XRP sales decreased in the fourth quarter of 2018 while trading volume increased. $535 Million in Total XRP Sales for 2018 According to the report, Ripple sold a total of $535.56 million in XRP tokens for 2018 as a whole. Of this figure, $171 million or roughly a third came from institutional buyers while
New data suggests that U.S. traders are the most active across major crypto exchanges.