Ripple: market cap v trading volume

[jaberwock]

I just noticed Ripple hast the 3rd highest market cap, with over 10B in value, but is only in the 6th position in 24 hours trading volume, with only 2.73% of all crypto trades, much below Litecoin, Bitcoin and Ethereum. How can this be?

[phr0stbyt3]

Ripple is actually a scam coin as far as i have seen they claim to be perfect for a business as they have some feature of accounting , ledger. But then people also say it isn't decentralised and currently i feel the investors are confused or what while others don't want to trade because they don't want to get scammed

[El Dude]

ripple will soon be overtake by Litecoin

[Betfair]

Ripple is actually a scam coin as far as i have seen they claim to be perfect for a business as they have some feature of accounting , ledger. But then people also say it isn't decentralised and currently i feel the investors are confused or what while others don't want to trade because they don't want to get scammed

It has 3rd biggest market cap and you call it scam?

[sieemma]

Ripple is not a scam. It was made to correct high volatility in altcoins and that's why the price can't get high as many expect. That's what they want so that businesses under ripple won't run at a  lost

[Haladay]

Ripple is not a scam. It was made to correct high volatility in altcoins and that's why the price can't get high as many expect. That's what they want so that businesses under ripple won't run at a  lost

I agree on ripple is not a scam. But it's a garbage coin whose developers having billions of them and there is no correct supply information provided officially.

[electronicash]

Ripple is actually a scam coin as far as i have seen they claim to be perfect for a business as they have some feature of accounting , ledger. But then people also say it isn't decentralised and currently i feel the investors are confused or what while others don't want to trade because they don't want to get scammed

It has 3rd biggest market cap and you call it scam?

he must be confuse what scam mean.

just to make you come to your senses, all these digital currencies aren't dcentralized even the ones on top. if it can be manipulated, its not decentralized. price is dictated by manipulated market still even btc.

[ðºÞæ]

This is just an operation getting money out of XRP "investors" into Ripple Investors pocket.
Anyone with eyes can see the blatant fraud.
August 2014 1/5 of total coins became "circulating supply" and price and volume did not move.
Marketcap increased dramatically which it needed to fleece newbies of cash who done all the hard research of cryptocoins and found Ripple's XRP token way up there doing ok.
The number of freely traded xrp is really small as most available are locked up by contractual agreement.




How does the circulating supply become less every now or then, answer by cooking the books as crooks do.
(18 June 2017 "available" 38,290,271,363 XRP)
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by contrast, 80% of Bitcoins are freely available already not some imaginary 38% which in reality is less than 10%
Over 90% (including the once being part of the "circulating supply" which were gifted free to banks and partners with the condition not to sell before x time) still to dump on uninformed poor souls.