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 giant had already lost approximately $7 billion in revenue due to the global boycott campaign initiated by pro-Palestinian activists in response to the company’s support for Israel.
Now, it has been surpassed by XRP, as the crypto token’s price has surged 90% since April. Several favorable US legislations for Ripple, such as classifying XRP as not a security, have boosted investor confidence and legitimacy in the token. Experts cited that XRP is trending because of
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