Why is XRP having a monster rally when Ripple is only worth $ 3 billion in the secondary market?

Why is XRP having a monster rally when Ripple is only worth $ 3 billion in the secondary market?

The equity of the company that builds the infrastructure XRP – The digital asset used by networks like RippleNet to process cross-border payments is reportedly trading for $ 2-3 billion in the secondary market.

Ripple’s XRP holdings are reportedly valued at $ 70 billion, which is many times higher than the company’s equity valuation.

1-day price chart (Bitstamp). Source: TradingView.com

Read on on Coin Telegraph

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