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Ripple is already outperforming ethereum in capitalization

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When we talk about cryptocurrencies, Ethereum and Bitcoin come to mind, the two most popular today but there are many more virtual currencies. An example of them is Ripple, which is gaining popularity lately and is already threatening Ethereum.

Ripple beats Ethereum capitalization

Ethereum and Bitcoin are the cryptocurrencies that achieve the highest value per unit but there are others that exceed them in some aspects. An example of this is Ripple that has already outperformed Ethereum in market capitalization, this means that the sum of all existing Ripple units already exceeds that of all Ethereum units.

What is Ethereum? All the information of the cryptocurrency with more "Hype"

As for the unit value, things change since each Ripple costs 2.35 euros, very far from the almost 600 euros that each Ethereum reaches. This means that there is an immense amount of Ripple as all together they reach 90, 000 million dollars, almost half the value of Bitcoin that reaches 200, 000 million.

One of the biggest criticisms of Ripple is that it is a centralized project that depends solely on one company, which generates less trust than others such as Bitcoin, a decentralized and trustworthy project as it is supported by encryption and mathematics.

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