According to the Forbes magazine, the market value of Ripple, which is valued at 1000 per cent in the last month, reached about half of Bitcoin with 120 billion dollars.
The second largest crypto currency before Ripple was Ethereum.
WHAT IS THE KNOWN
The Fortune magazine said that what is behind Ripple's appreciation is unknown, but it could be one of the main reasons for investing in new high-risk hedge funds.
THE LARGEST COMPANY OF RIPPLE
Unlike other currencies, Ripple is not produced in a decentralized mining. Ripple's currencies are created in one corner, and most of it is in the hands of the creative company.
With this increase, Ripple's founder Chris Lansen became one of the richest people in the world. Ripple was priced at $ 2.39, while the value of the Ripple in Lansen's hands was estimated at $ 37 billion. With Ripple paying 3 bucks, Lansen became even richer.