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Thank You Forbes Crypto For Correcting Ripple XRP Market Cap

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6 Comments

  1. The people who say, "Market Cap doesnt matter" are saying that in response to those who try and claim that XRP can't get to a certain price because the market cap will be too high. In that case, the 2nd group is confusing inflow with marketcap. You need to take the quotes in context. Nobody's denying that marketcap is used as a metric to rank cryptos and for that Forbes properly calculating XRP's marketcap is great news.

  2. Coinpaprika Team (coinpaprika.com)

    Dec 6, 09:48 EET

    Hello,

    Yahoo Finance is taking information from cryptocompare.com, and cryptocompare (and thus Yahoo Finance) have different methodology for calculating XRP's marketcap – taking total supply, instead of circulating supply (and mark it as 'circulating supply'), which is in our opinion wrong.
    Also, they are inconsistent, because for other cryptocurrencies like: Stellar (XLM), Cardano (ADA), or DASH with their methodology they should have much bigger marketcaps, then what they are displaying (with those cryptocurrencies circulating supply is displayed correctly).

    Best regards,
    Coinpaprika

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