Ripple Will Be Bigger Than Bitcoin If It Hits $7

Written by:
Published on:

Ripple, or XRP, would only need to get to $6.57 for its market capitalization to be bigger than Bitcoin’s, according to a report filed by Monday morning.

Bookmaker accepts most crypto-currencies

This would require a rise of 164 percent. It rose nearly 36,000 percent last year.

The cryptocurrency, which began accepting back in October, crashed 30 percent on Monday.

CNBC Notes that some experts have suggested that ripple has run ahead of itself due to the fact that it works with large institutions with many of the coins are actually owned by the company.  This is not the case with Bitcoin, meaning that Ripple is not as decentralized as Bitcoin.

Watch below.

Crypto class: How to buy ripple from CNBC.

video News

Visa CEO Talks Bitcoin

Visa CEO Talks Bitcoin

Among the topics covered by Visa CEO Alfred Kelly on CNBC: The recent tax cuts, global transactions and, of course, Bitcoin.

Bitcoin Vs. Stocks: Worth The Volatility?

CNBC's Dominic Chu takes a look at the volatility in both equities and cryptocurrencies markets, and which risk scenario could be better for investors.

Patriots Super Bowl 52 Path The 'Easiest Ever'

Since 1990, no team with a bye has ever faced two weaker opponents than New England's pair of Tennessee and Jacksonville, so writes Neile Paine of

Bitcoin is 'Definitely Not Dead' Despite Losing 50 Percent off All-Time High

Bitcoin is 'Definitely Not Dead' Despite Losing 50 Percent off All-Time High

The world's largest cryptocurrency, Bitcoin, dived as low as $9,199.59 Wednesday morning, according to CoinDesk.  This was around 50% off its all time high of $19,783.21 that occurred only one month ago.

Doug Polk: Tai Lopez Needs to Stop Selling Me His Bitcoin Course

Tai Lopez is famous for hanging out in his garage, showing off Lamborghinis, reading thousands of books, chilling with celebrities, and aggressively marketing his courses on YouTube.