The market cap of Ripple (and many of the premined coin/token supplies) is very misleading as often %70 or more of the total supply is in the hands of the found

The market cap of Ripple (and many of the premined coin/token supplies) is very misleading as often %70 or more of the total supply is in the hands of the founders or an anonymous presale/ICO "purchaser" i.e. Ripple co-founder owns ~9,000,000,000 Ripple units, and is selling them off en mass: https://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds/ https://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over...