Ripple's market cap is $6 billion, their trading volume is shit
NEM's market cap is $2.5 billion, making them #6 and their trading volume is 1/10th Ripple's.
What gives these two cryptos so much value? why are they worth more than the others? Did anyone else assume ETH and LTC were #2 and 3?
Yes I am a very new coiner here from 9gag, but I know how to ride an ant when I see one.
do you not see that both of these shitcoins have also a billion supply
Don't pay too much attention to volume, it's easily spoofed. Volume can go to infinity and the price won't change, if it's coming from both sides equally. While it does give an idea of the interest in a coin, volume is irrespective of direction; crash volume looks identical to moon volume
>>3039404
everybody in here better not be this stupid.
>>3039391
I think banks are actually using ripple. So it has legit use, even if it's not really a cryptocurrency like Bitcoin.
Don't know about nem
I just took some of my btc profit and sent it to ripple. Fingers crossed guys