RE: WILL RIPPLE REACH $5 IN 2018?

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WILL RIPPLE REACH $5 IN 2018?

in ripple •  7 years ago 

Looks tough. 5$ price roughly translates into US$ 300B market cap. Compare this valuation to that of Tesla (US$ 50) or Bank of America (US$ 300B) which turns US$ 2B profit a quarter. Market fundamentals do not indicate that... however the FOMO mentality may drive the price up above justified valuations level.

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