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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 CNBC.com 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 Bookmaker.eu 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.
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