Amazon added over $238 billion to its market cap in just 5 minutes after reporting strong earnings โ a massive impact on the market. ๐
XRP
2.2155
-5.90%
In comparison, the entire crypto altcoin market cap is only around $242 billion. ๐ณ
This highlights that altcoins are still relatively small and undervalued in the market โ a single big companyโs short-term move almost matches the entire altcoin market.