Sorry Ripple is not the Second Most Valuable Cryptocurrency
The claims of Ripple’s value you have seen in the mainstream media are greatly exaggerated.
The misconceptions about Ripple come from the way “investment news” is covered by the big media.
Despite the inaccurate stories about it; Ripple is actually a pretty good investment as cryptocurrencies go. It has some value characteristics including a high Market Cap and a Low Coin Price.
More importantly, Ripple’s technology is being adopted and evaluated by large companies and financial institutions. MoneyGram (NASDAQ: MGI) is examining the possibility of using Ripple’s ecosystem for money-transfers and remittance payments, a Ripple press release indicates. MoneyGram has been described as the second-largest transfer service in the world behind Western Union (NYSE: WU).