XRP Beats the Big Mac: Third-largest Crypto Surpasses McDonald’s Value

Main Idea
XRP's price has surged 500% since July 2024, reaching a new all-time high of $3.65, and its market capitalization has surpassed major companies like McDonald’s and American Express, driven by favorable US legislation and increased investor confidence.
Key Points
1. XRP's price surged 500% from July 2024, hitting a new all-time high of $3.65.
2. XRP's market capitalization reached $215 billion, surpassing McDonald’s ($214.72 billion) and American Express.
3. Favorable US legislation, including the classification of XRP as not a security, boosted investor confidence.
4. Experts attribute the surge to strong price breakout and heavy whale buying.
5. Despite a recent dip to $3.46, the market indicates XRP may maintain its high market capitalization.
Description
The post XRP Beats the Big Mac: Third-largest Crypto Surpasses McDonald’s Value appeared first on Coinpedia Fintech News XRP has surged 500% from July 2024, reaching a new all-time high of $3.65. Additionally, the token surpassed global giants like McDonald’s and American Express as its market capitalization climbed $215 billion. XRP Surpasses McDonald’s in Market Capitalization The world’s third-largest cryptocurrency, XRP, has skyrocketed, surpassing the global giant McDonald’s. The fast-food ...
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