XRP is Dead, Don't be a Fool
One thing I have noticed while trading and investing in crypto, is that many people neglect to take shares outstanding or "Coins outstanding" into account. Many fall victim to clever marketing campaigns and a lack of investing knowledge. XRP has 100,000,000,000 shares outstanding. Yes, thats 100 billion with only 43 billion currently in circulation. Current market cap is roughly 11 billion with share price at 24 or 25 cents. As market cap and circulating coins all increase, token value will not have the same effect due to dilution in circulating coins. The amount of competition mixed with shares outstanding doesn't warrant the 100 billion dollar market cap needed to put XRP at 1 single dollar XRP is a scam and its sad that many have fallen victim to it.
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