XRP MARKET CAP IS IRRELEVANT to VALUE
132Jungle Inc recently put out a video on whether or not Market Cap is the end all be all of calculation the real valuation of XRP and if the entire supply of XRP should be counted or even exists anymore. He asked for some feedback and comments.
Using MC to predict or analyze the potential valuation for XRP is incorrect. It may have its use as you can compare the value of a company per the stock shares issued. But applying it to a Digital Asset doesn’t really make much sense as it doesn’t provide any true information of value. So what if we know the total calculated value of all the circulated coins or tokens.
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