After increasing over 3000% in the shortest amount of time every investor should be damn rich right now.
Who is willing to buy it to further tops?
Including the total amount of XRP which is 100.000.000.000 (currently 37.000.000.000) the market cap should be close to Bitcoin .
i don´t know how much the DDOS of Poloniex has broken this trend, but for now I sold all of my XRP and i am god damn lucky with almost 380% of profit.
Of course I could be wrong but I asked myself why Ripple should be worth that much? What makes it so valuable? And i could not answer this questions to myself.
For now i will only monitor this chart and see how it developes, but with all the recent shit going on with Polo anything can happen.
But is this goal new? No
Is it completely ready/achieved? No
Is it enough to justify the sudden growth?
The SWIFT states an anual revenue about 700 million euro and 3% of than in net profits.
Ripple shall by much cheaper. Still ripple's net profit percentage could be higher.
What if Ripple, the company, would even earn netprofit of dozens of millions from banks per year, starting in relatively few month/years?
- by then the Ripple company evaluation, based on such revenue only, would be about $1 billion
The marketcap of ripple as of now is $22.2 billion
Few weeks ago it was far below $1 billion
Currently only waiting to see further action