Ripple has a huge circulating supply of 38 bil coins which is why there is not much fluctuation regularly but looks like someone pumped in $7 bil in last 24 hours effectively doubling the market cap.
You are viewing a single comment's thread from:
Ripple has a huge circulating supply of 38 bil coins which is why there is not much fluctuation regularly but looks like someone pumped in $7 bil in last 24 hours effectively doubling the market cap.
To be specific it was 9 bil not 7 bil. I double checked at our office. But considering what Bank of Japan and South Korea said they are doing today, maybe we can see some movement?