XRP the 'third largest collapse of all time' says The TIE’s Josh Frank

XRP the 'third largest collapse of all time' says The TIE’s Josh Frank

The token has lost more value than former commodities trading giant Enron. The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions.According to Josh Frank of crypto-focused research company The TIE, the project is experiencing a collapse similar to some of the biggest corporate scandals and catastrophes in recent history.XRP's market cap has fallen by 93% from $137B to under $10B. That makes the value of the XRP collapse bigger than Enron....


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