XRP still trades 62.5% below its 2018 peak as supply growth dilutes holders
- —XRP at $1.33 is 62.5% below its January 2018 peak of $3.55
- —Circulating supply rose 63%, from 38.7B to 63.1B tokens
- —BTC is up 314% since December 2017, BNB about 2,800%, ETH 66%
- —XRP ETF inflows remain muted versus bitcoin and ether funds
Why it matters: Supply growth dilutes XRP's price: total market value matters more than the token's nominal price for holders.
Source: Cryptonews.net