The Showdown Between XRP & Bitcoin

[PRIBO247]

Yesterday we did an article titled How XRP Could Be The Best
Investment For 2019-20 and we discussed the things that mean it
could be a wise choice for investors.
This is a topic that is discussed a lot in the crypto sphere and
another similar subject is that of whether Ripple is bigger than
Bitcoin to which some people say it is and others believe that
there is no chance, no possible way that this is possible.

If you spend enough time on the internet then you will run into
numerous theories that are relevant to the real world and fiction
stories but with cryptocurrency, there is like a bullseye painted on
its head giving moon landing theorist the time of their lives. There
are crypto theorists who believe that the metrics of XRP are being
constantly downplayed on site like CoinMarketCap in order to
keep the true value of the token a secret from the public.
Big names in the industry like the chief market strategist at Ripple,
Cory Johnson seems to be one of these theorists despite working
for the tokens parent company. Last week, Johnson took to
Twitter to say:

"Imagine if they calculated the marketcap correctly: https://t.co/
zCjYp4D2oO #ColdComfort
— Cory Johnson (@CoryTV) November 26, 2018

One possible reason behind this is that 100 billion XRP tokens
created in Ripple’s Genesis block each token have a market price
of 35 cents which sums up to around $35 billion. On sites like
CoinMarketCap, they only count the XRP that is circulated in the
public for a reported market cap of only $14 billion, at the current
time of writing.
With this in mind, it’s worth noting that each of the 17.4 Bitcoins is
worth $4,000 at the time of writing giving it a market cap of $69
billion.
As said by CryptoBreifing :
“What makes this really interesting is that, at the height of last
year’s dizzying bubble, XRP would have actually had a higher
market capitalization than Bitcoin, at least under the more
generous metric.”

Source : http://cryptodaily.co.uk/2018/12/showdown-between-xrp-bitcoin