Early trader says XRP’s market cap limits upside versus smaller altcoins

Dubai-based cryptocurrency trader Royal Kane said he would not invest in XRP at current prices, arguing its market capitalization leaves less room for upside than mid- and small-cap cryptocurrencies. Kane said XRP’s valuation is already too large at this stage, and added he would not invest in the token without new products from Ripple or meaningful revenue growth. Kane has invested in cryptocurrencies since 2016 and is based in Dubai.