XRP (XRP)’s reported market capitalization fell about 17% over the seven days ending Nov. 10, a change in calculated value that does not measure cash flows.
The Nov. 3 snapshot put the figure at $80.92 billion; the Nov. 10 reading was $67.05 billion. The decrease was about $13.87 billion, or 17.1% of the earlier reading. Because the snapshots are rounded, the dollar difference is approximate.
Market capitalization reflects a token’s price and the circulating supply counted at each snapshot. The $13.87 billion gap compares two calculated market values; it is not a cash-flow total.
An earlier EconoTimes report on XRP’s circulating supply put the count at 63.52 billion on Nov. 8, with a market value of $70.53 billion.
