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

Cointelegraph

Published Dec 30, 2020 07:34PM ET

Updated Jan 01, 2021 10:00PM ET

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.

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