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The market value of Ripple Cryptomeda (XRP) is overestimated by billions, according to a report released Thursday by the Messari research platform.
According to the results of the badyzes, Ripple is "significantly overestimated" by about 48% on most data platforms.
Therefore, according to the study, the XRP does not have a market value of about 13 billion,
According to the figures, the XRP should occupy the third position in the ranking cryptocurrencies, a place now occupied by Ethereum (ETH) with a market value of US $ If the 48% were rejected, XRP and ETH would be far from the market value, ending the conflict to get closer to the most important criptomoedas, Bitcoin (BTC), with 62.5 billion US dollars. market capitalization – Ripple and Ethereum compete for 2nd place in the market "clbad =" wp-image-26933 "srcset =" https://portaldobitcoin.com/wp-content/uploads/2019/01/imag1.png 1001w, https : //portaldobitcoin.com/wp-content/uploads/2019/01/imag1-300×174.png 300w, https://portaldobitcoin.com/wp-content/uploads/2019/01/imag1-768×444.png 768w, https : //portaldobitcoin.com/wp-content/uploads/2019/01/imag1-696×403.png 696w, https://portaldobitcoin.com/wp-content/uploads/2019/01/imag1-726×420.png 726w "sizes = "(max-width: 1001px) 100vw, 1001px" />
Considering that the total of the XRP is 100 billion units and that Ripple keeps under its guard 59 billion, 19.2 billion of the 41, XRP 0 billion in circulation may be illiquid, that is, they can not easily be sold or exchanged for cash without substantial loss of value, the report says. [19659007] (Source: Messari) ” clbad=”wp-image-26934″ srcset=”https://portaldobitcoin.com/wp-content/uploads/2019/01/ripple-cryptocurrency-market-cap-GRAFICO.png 1068w, https://portaldobitcoin.com/wp-content/uploads/2019/01/ripple-cryptocurrency-market-cap-GRAFICO-300×126.png 300w, https://portaldobitcoin.com/wp-content/uploads/2019/01/ripple-cryptocurrency-market-cap-GRAFICO-768×324.png 768w, https://portaldobitcoin.com/wp-content/uploads/2019/01/ripple-cryptocurrency-market-cap-GRAFICO-1024×431.png 1024w, https://portaldobitcoin.com/wp-content/uploads/2019/01/ripple-cryptocurrency-market-cap-GRAFICO-696×293.png 696w, https://portaldobitcoin.com/wp-content/uploads/2019/01/ripple-cryptocurrency-market-cap-GRAFICO-997×420.png 997w” sizes=”(max-width: 1068px) 100vw, 1068px”/>
These illiquid positions may to be seen in the promise of 5, 9 billion XRP to the non-profit foundation RippleWorks, founded by the company's co-founder, Chris Larsen, and the 2.5 billion units held by the start-up under conditions restriction of sales, said Messari.
It estimates that $ 4.1 billion in reproduction rights resold via XRP II (corporate payment service) may be subject to resale restrictions.
The report also notes that Ripple's methodology on his data
Discharge forecast for Ripple and Bitcoin
Earlier this month, the international risk rating agency Weiss Cryptocurrency Ratings released a forecast for the cryptomoedas market and pointed to Bitcoin and Ripple as the projects that will be more successful in 2019.
The company also ranked 2018 as "disaster" and 2017 as "the big year".
About Ripple, Weiss said that 2019 would be its turnaround year and that crypto would dramatically impact the global payments ecosystem.
If this happens, Ripple could even compete with S. WIFT, a market-leading institution that creates and standardizes communication channels between hundreds of banks for international financial transactions.
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