The frenzy of Bitcoin over time has enabled other crypto money, such as litecoin and ethereum, to move as well. However, in recent times, Ripple became the star of the crypto money market. In a month the price increased by more than 10 kattan.
The price of Ripple, which exceeds the market value of 100 billion dollars, came out at 2.60 dollars. Ripple was only 25 cents at the beginning of December. Thus, over a period of one month the price has increased by more than 10 kats.
The most important difference of Ripple from Bitcoin is that it is under the control of a single company. All existing and former managers of San Francisco-based Ripple have become crypto money billionaires after the price boom.
In recent weeks, the fact that some financial services companies in Japan and South Korea are adapting to Ripple technology has had a huge impact on the upsurge.