Report: XRP Market Cap Could Be Overestimated By Billions

The market capitalization of distributed ledger tech company Ripple’s token could be overvalued by as much as $6 billion, according to a recent report from crypto analytics firm Messari.

Ahead of Ripple’s Q4 2018 report, Messari researched the “health and legitimacy” of the XRP’s market capitalization using data from cryptocurrency exchanges and third party cryptocurrency data services.

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