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Ripple Climbs Higher: XRP Is Bigger Than Uber, Boeing, and Guns for Goldman
The recent growth of the cryptocurrency market has become more than evident, particularly over the past year or so, and July has only solidified this narrative. The top three cryptocurrencies by market cap have all secured a spot within the largest global assets by that metric, with Ripple surpassing giants like Uber and Boeing on its way up.
Ripple’s Market Expansion
We discussed XRP’s price movements over the past week in great detail, but to summarize briefly, the asset traded within a tight range between $2.2 and $2.3 for some time before a sudden and decisive breakout propelled it north swiftly. Within merely over seven days, it skyrocketed to above $3.6 (earlier today) to mark an all-time high before correcting slightly to $3.5 as of press time.
As a consequence of its total circulating supply exceeding 59 billion tokens, Ripple’s market capitalization stands at a staggering $207 billion. This remarkable growth has solidified XRP’s place among the top global assets. Data from CompaniesMarketCap reveals that Ripple is now in the position to surpass even behemoths such as Boeing, Uber, and weapons for Goldman Sachs.
Source: cryptopotato.com
