Stablecoin Tether has bypassed EOS and became 4th cryptocurrency in terms of market capitalization. Unfortunately, only for 1 day. Not that Tether did something extraordinary but just benefited from the general downfall of the market. At present, the capitalization of a stable token exceeds $2 billion.
Despite the number of similar currencies that have emerged during the past year, Tether continues to hold its leadership. However, Skew's analysts believe that its competitors USD Coin, TrueUSD, Paxos, Gemini Dollar and Dai seem to be more transparent and reliable for many users, so the stock exchanges will soon give them a preference over USDT. Moreover, analysts argue that over the course of 8 months, the overall capitalization of the above-mentioned currencies will exceed the capitalization of Tether. Well, let's see.
The story of XPR's charges with excessive liquidity from the analyst company Messari continues. According to CoinMarketCap, XRP has a capitalization of $12 billion, while more than 41 billion tokens are in circulation ($12 billion total), the difference between these amounts is in several thousand of dollars. Messari, in turn, claims that 19.2 billion XRPs may be illiquid or subject to severe sales restrictions, of which Jedi McCaleb's co-founder of Ripple owns at least 6.7 billion.
Let's recall that after these publications, the representative of Messari began to receive threatening calls on the behalf of Ripple, or more precisely from strange teenagers.
Meanwhile, at the economic forum in Davos, Ripple’s CEO Brad Garlinghouse stated that his company is rapidly developing, and in general, Ethereum is not a competitor for them. Well, okay, the media just like to convey his words this way, but the idea of Garlinghouse was that cryptomarket is like a marathon: it's not about who will be the first at a particular stage, but who will reach the finish line first.
Sounds like “Santa Barbara”. You can start shooting a series.
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