Too Long; Didn't Read
Ripple is an oddity among the top 10 cryptocurrencies by market capitalization. Currently holding at the number 3 spot with more than $19 billion, Ripple is neither a pure cryptocurrency, like frontrunner Bitcoin, nor a limitless platform, like runner-up Ethereum. It is a rather centralized coin with a very clearly defined and narrow use case: facilitating the movement of foreign currencies from one bank to another. Yet, Ripple’s ironclad protocols and seemingly sky-high potential for market share have brought in investors by the ton. These investors pushed a coin with a total supply of 100 billion into the top 3 at the June 2018 <a href="https://cex.io/xrp-usd" target="_blank">XRP to USD</a> price of just $0.50.