has a circulating supply of only 31bn while Ripple (XRP) has a supply of 100bn.
The supply of SC is significantly less than XRP and yet the price is far lower. Obviously, this can be explained by the maturity of XRP through the Ripple team development and the differing use-cases. However, SC is only 3c, while XRP is pushing $3.00.
I can see SC reach a price of at least 20c in the near future, just like the initial rally of XRP in early 2017.
I have just purchased 738k SC at 29.6c that is within the small blue box on the chart. This trade will likely experience some draw-down, especially while completing the symmetrical . However, I am willing to hold this until it reaches the desired target price of 20c.