Apple Faces 20x More Lawsuits than Ripple (XRP) and It’s Stock is Worth $1 Trillion


The difference in the amount of litigation facing the crypto and tech communities was brought to light by Twitter user @lanbins, who responded to a post about three pending lawsuits against Ripple, by stating:

“Nice to know but apple is I like 60 . . . lawsuits it just turned $1T it’s normal in big business.”

The lawsuits against Apple mainly involve class action suits over its slowed-down iPhone. Despite the lawsuits, Apple’s stock has increased and it hasn’t showed signs of changing. Currently, AAPL’s market cap is $1.01 trillion. In comparison, Ripples XRP has a market capitalization of $11.673 billion. What is evident from this information is that lawsuits do not always control the value of a company’s stock – there are other prevalent factors.

However, in Ripple’s case, the situation may be different. The lawsuits have influenced the value of the platform’s coin – and negatively. There is good news too – and that is based on Apple’s example, Ripple may have a chance of redeeming its image among investors in other ways and should move forward in doing so.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide