Here is why Ripple ‘dropped’ $20B in market share on CoinMarketCap
Jan08
Concerned Ripple (XRP) hodlers were terrified to wake up to news that their coin of choice not only dropped to third place on CoinMarketCap, but also dipped a staggering $20 billion from its total market share. While the price and total market cap of Ripple did indeed take significant dips around 5AM UTC on January 8, the unexpected drops were purportedly the result of CoinMarketCap’s decision to remove XRP prices from Korean exchange desks from the total average – and not people pulling their investments en masse. For the record, taking Korean prices out of the equation caused Ripple’s overall market share…
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