🚨 $XRP 🚨
🚀 Attention crypto-investors! The price-to-sales ratio of XRP (XRP) is almost double that of Nvidia, one of the most traded stocks on the market.
XRP has a ratio of 61,689, while Nvidia has a ratio of 37.
- The XRP ledger generated more than $583,000 in network fees in 2023.
- Nvidia generated $26.97 billion in revenue in 2023.
- XRP price is up 20.55% in the last year, while Nvidia stock is up more than 241%.
What is holding back the price of XRP ⁉️The SEC lawsuit against Ripple since December 2020 has put pressure on the token's price.
However, in July 2023, Judge Analisa Torres ruled that XRP is not a security in programmatic sales on digital asset exchanges.
What do you think of the XRP and Nvidia situation? Comment below and let's talk cryptocurrencies!