Followers | 8 |
Posts | 197 |
Boards Moderated | 0 |
Alias Born | 03/19/2015 |
![](https://investorshub.advfn.com/uicon/522239.png?cb=1466090967)
Saturday, August 11, 2018 7:28:07 PM
To being this piece, the XRP community needs to be commended once again for bringing the above fact to light. Twitter user @Ianbins brought it to the attention of Ethereum World News when he stated the following in reply to another tweet. The initial tweet was with regards to the 3 pending lawsuits against the Ripple company. @Ianbins would comment the following:
"Nice to know but Apple is in like 60 lawsuits…. it just turned a $1T it’s normal in big business".
60 Pending lawsuits against the Apple Co. that is worth $1 Trillion
This then brings us to the other fact that the Apple company is facing almost 60 class-action lawsuits for secretly throttling and/or slowing down old phones belonging to existing users. 60 pending lawsuits means that Apple is facing 20 times more court cases than Ripple yet it just broke the $1 Trillion market capitalization only a few days ago. The current market cap of AAPL stands at $1.01 Trillion at the moment of writing this.
Analyzing our favorite remittance coin of XRP, its market capitalization stands at $11.673 Billion at the moment of writing this. AAPL’s market cap has eclipsed that of XRP by 86 times yet it has more ‘trouble’ in the courts than the Ripple company.
Also to note is that XRP and Ripple are two completely different entities. Therefore, any lawsuits affecting Ripple, should logically not affect the value of XRP. In the case of Apple, its stock of AAPL is part and parcel of the parent company.
Therefore, it can be concluded that XRP has faced too much FUD due to the 3 pending lawsuits against the Ripple company which is a completely different entity. One explanation could be that the crypto-markets only became popular around June last year when the media started covering Bitcoin (BTC). In the case of Apple, it did its IPO back in December 12th, 1980 and at $22 per AAPL. Since then, the Apple company has more or less dominated the industry of computing and smartphones.
Recent XRPUSD News
- Analyst Identifies Bullish Pattern That Can Send XRP Price To New Highs • NEWSBTC • 07/30/2024 03:00:12 PM
- Bitcoin ‘Back On Radar’ To Hit $80,000, Then New ATH, Analyst Says • NEWSBTC • 07/30/2024 12:00:57 PM
- XRP Price Poised For ‘Ultimate Breakout’ With $18 Price Target: Crypto Analyst • NEWSBTC • 07/30/2024 07:30:14 AM
- XRP Price Range-Bound: Can It Maintain Support and Break Out? • NEWSBTC • 07/30/2024 04:18:54 AM
- Vice President Kamala Harris Reaching Out to Coinbase and Others To Develop Close Ties With Crypto: Report • The Daily Hodl • 07/29/2024 04:55:29 PM
- 16,500% Price Explosion: Analyst Foresees XRP’s Wild Ride To $100 As Ripple-SEC Saga Heads For Conclusion • ZyCrypto • 07/29/2024 03:53:18 PM
- XRP Price Hints at Breakout: Can It Achieve New Heights? • NEWSBTC • 07/29/2024 04:38:08 AM
- Bitcoin wobbles as Trump delivers pro-crypto conference speech • Cointelegraph • 07/27/2024 09:02:22 PM
- XRP Witnessing Crazy Bullish Crowd Sentiment As On-Chain Activity Hits 4-Month High • ZyCrypto • 07/27/2024 03:14:20 PM
- VanEck CEO Owns ‘Way Over 30%’ In Bitcoin, Asset Manager Sees $2.9M Price By 2050 • NEWSBTC • 07/27/2024 04:00:54 AM
- Analyst Says XRP Remains Strongest Compared To Bitcoin And Ethereum, Here’s Why • NEWSBTC • 07/26/2024 10:00:26 PM
- CRV Dumps 50% In 1 Year: Founder’s Forced Liquidations A Pain For Holders • NEWSBTC • 07/26/2024 07:00:51 PM
- Price analysis 7/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB • Cointelegraph • 07/26/2024 05:31:21 PM
- Amid Ripple Big Wins In SEC Tussle, Alderoty Says Efforts To Litigate Crypto Industry Will Fail • ZyCrypto • 07/26/2024 02:49:55 PM
- Wall Street Expert Sees 20x Potential In Ripple Via XRP And IPO • NEWSBTC • 07/26/2024 11:30:58 AM
- XRP Price Positioned for a Surge: Is Another Rally on the Horizon? • NEWSBTC • 07/26/2024 04:28:35 AM
- Ethereum Drops 6%, Bitcoin Conference Tickets Soar to $844,600, New TON Wallet Enables Gas-Free Transactions • IH Market News • 07/25/2024 08:07:18 PM
- Debunking Doubts: How XRP Could Achieve A 3-Digit Surge — Analyst • NEWSBTC • 07/25/2024 06:30:49 PM
- XRP Maintains Support: Can It Rise Amid BTC and ETH Declines? • NEWSBTC • 07/25/2024 03:48:23 AM
- Golden Cross Appears On XRP Price Chart, Factors That Could Drive A Fresh Rally • NEWSBTC • 07/24/2024 10:00:04 PM
- Price analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB • Cointelegraph • 07/24/2024 05:47:25 PM
- Why is XRP price up today? • Cointelegraph • 07/24/2024 05:37:41 PM
- XRP Whales On A Rampage Ahead of Impending Ripple vs. SEC Final Judgment • ZyCrypto • 07/24/2024 04:54:21 PM
- XRP Whales Go On $84 Million Buying Spree: Rally To Continue? • NEWSBTC • 07/24/2024 06:00:26 AM
- XRP Price Hints at Weekly High: Are Bears Ready to Take Over? • NEWSBTC • 07/24/2024 04:08:55 AM
FEATURED ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • Jul 30, 2024 8:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM
Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • BLOZF • Jul 29, 2024 9:07 AM
BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM