Every year, LinkedIn publishes its list of the 10 most successful Startups of the United States. For Ripple top, today flop is: yesterday. In 2018, the company behind the third largest crypto-currency XRP was one of the Top companies. This year, they will slide far down. Also Coinbase suffers the same fate.So let’s take a look at the criteria, the set up LinkedIn for the Ranking. We also want to have a look, what are the reasons for the Ripple and Coinbase crash.
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Ripple and the success of 2018
It was 2017 or early in 2018, in the up to now most successful year for crypto-currencies, pretty much no Coin and no crypto-company that is not well performed. So, of course, the current no. 3 of all the Cryptocurrencies, Ripple (XRP) and the Exchange Coinbase. Both were only founded in 2012, are still quite young and are considered to be Startup. Reason enough to be 2018 at the annual LinkedIn Ranking of the most successful Startups in the USA at the forefront. Ripple finished last year in 7th place, Coinbase made it 3rd place on the podium. However, as the Situation looks this year?
Ripple Ranking crash this year
After the beginning of 2018 to April 2019, the longest bear market lasted in the young history of the crypto-market, it is not surprising that Ripple and Coinbase have not been able to put the flights of fancy of 2017. This might also be the reason why LinkedIn can be the Ranking of the two companies to crash.The Top placement of 2018 couldn’t hold Ripple. This year, you have to be content with 28th place in the LinkedIn Ranking. The Same is true for Coinbase: 2019 the Exchange lands on place 29, this time behind Ripple. Thus, the two crypto-companies no longer land in the coveted list of the Top 10.Trading on our brokers comparison-winning eToro. You are looking for a reliable and intuitive Broker to trade crypto-currencies, CFDs, shares, Forex, commodities and more? Then let yourself be in our eToro Test in 2019 all of the features explain, what possibilities are given to you here and where is here the Before – and disadvantages are . eToro Test 2019 read now.
The end for Ripple and Coinbase in the LinkedIn Ranking
How is the Ranking actually work? On this question, LinkedIn has a clear answer. The Networking Platform analysed to evaluate Startups in 4 different categories: employees, interest from new entrants, employee growth and employee Engagement.In addition, some specially developed criteria must be met to be allowed to the rankings, to participate in the first place: The company should not be…older than 7 years,with at least 50 employees have a private company and its main headquarters in the USA.2018 and 2019 have satisfied both Ripple, as well as Coinbase all the criteria and were allowed to participate in the Ranking. Next year, both are no longer listed start-UPS in the Ranking. With its Foundation in 2012, they no longer apply in 2020, according to the Definition of LinkedIn as a Startup. So there is no Chance for a further improvement in the rankings for Ripple and Coinbase.
IT and technology companies dominate in 2019
Even if it has done this year, no crypto company in the Top 10 on the list still to see:Snowflake (IT)Dosist (health), Samsara (IT), DoorDash (IT), Brex (Finance)Good American (Fashion)Robinhood (Finance)Peloton Interactive (health)Compass (immobile)Nuro (IT), The list in spite of their versatility, strong IT and technology companies. All of the crypto-Interested need to put off to next year. Maybe since April, sharply lightened the situation is improving at the crypto market and, once again, we see more and more crypto-companies in the Top 10.How do you find the placement for Ripple and Coinbase? You can see the result as a Disaster, or more likely, you’ll find it positive that the two companies are in the Ranking? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News.
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