Ripple (XRPUSD)

[reaper247]

Nothing wrong with a bloated pig like XPR.

It gives traders who have failed in every other facet of stock trading, one last chance to blow the rest of their kid’s college fund. LOL…

Anyone do the numbers on this one?

Max supply is 100,000,000,000 units. This is essentially the A/S.

The total supply is 99,993,093,880. This is essentially the O/S.

The circulating supply is 38,739,145,009. This is essentially the float.

The current XRP market value is listed at $9,900,000,000.

While that is a ridiculous value by itself, it is based on the circulating supply which is essentially the float in stock trading terms.

A market cap based on total supply, which is essentially the O/S in stock market terms is roughly $25,000,000,000.

With bitcoin futures set to go live soon and expanded to other exchanges like the NASDAQ in early 2018, it is important to remember how valuations work.

The pie in the sky pipe dreams are about to be valued in real terms, in which advanced traders understand and will be able to make decisions on.

Good Luck.

IMO and FWIW.