Why the Price of Ripple is So Much Less than Bitcoin

YAHOO! NEWS - THE CUTLINE | on Wed, Jan 3, 12:46 PM

Ripple is soaring, but you wouldn’t know it from just looking at the price. The cryptocurrency geared at professional use[1] made waves this week after its price soared by more than 1,000 percent in less than a month. One Ripple token is now worth $2.89, which on paper seems like a paltry sum compared to the $15,334 price of a single bitcoin[2]. Comparing the two on a like-for-like basis is a fool’s errand, though.It’s similar to how you can’t simply compare the price[3] of various currencies...

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