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XRP has been on fire for the last 48 hours. In fact, yesterday, the coin briefly took Ethereum’s place as the second largest cryptocurrency per market capitalization after it surged by 20%. While the cryptocurrency is currently correcting lower. This move is another evidence that it is indeed a worthy competitor and the effort by Ripple and the entire XRP community is reflecting on the coin. Why Did XRP Surge? There are two speculations regarding why the price of XRP surged. For starters, the leading cryptocurrency per market capitalization, Bitcoin was green against the USD. Everyone know this has a ripple effect on other coins. Secondly, XRP has had strong fundamentals for the past few months. Ripple Labs has been working tirelessly to promote mass adoption of its technology and the XRP token. XRP (XRP) Price Today – XRP / USD Name Price24H (%)$0.458824 -0.22% Ethereum, the long-time second largest cryptocurrency per market capitalization had fallen from $1,400 to $215 within this..
Top digital currencies have seen significant gains on the day, with Ripple briefly overtaking Ethereum as the top altcoin by market capitalization. Tuesday, Nov. 6: top cryptocurrencies have seen strong gains on the day, with Ripple (XRP) temporarily overtaking Ethereum (ETH) as the top altcoin by market capitalization. Market visualization from Coin360 Bitcoin (BTC) is up 0.3 percent over the last 24 hours, and is trading at around $6,447 as of press time. Having briefly dipped below $6,400 during the day, BTC has rebounded and is pushing a slightly higher price point. BTC is still down 1.67 percent over the past 30 days. Bitcoin 7-day price chart. Source: CoinMarketCap ETH has seen some growth over the 24-hour period, up 3.64 percent from $206 to $215 at press time. ETH has won back its position as the second largest cryptocurrency with a market capitalization of $22.2 billion at press time. Ethereum 24-hour price chart. Source: CoinMarketCap The XRP price has increased ..
Ripple markets appear buoyed this week as the asset gains 18 percent in 24 hours to briefly overtake Ethereum as top altcoin. Ripple (XRP) overtook Ethereum (ETH) to become the largest altcoin by market capitalization again today, Nov. 6, after gaining 18 percent in 24 hours. Data from CoinMarketCap confirms the latest switcharound of the top two altcoin assets, repeating a pattern that has occurred several times this year. Market capitalization overview. Source: CoinMarketCap XRP shot higher over the weekend as markets reacted to a basket of factors, including fresh uptake of Ripple’s xRapid platform, but it remains unclear which specific factors fuelled the rally. xRapid, the payment network which uses XRP as its transfer medium, was responsible for a previous bull run in September, which again saw Ethereum relegated to the number two spot in market cap ratings. At press time, XRP/USD is trading around $0.536, while ETH/USD had gained a modest 1.7 percent in 24 hours to hit just ab..
XRP (XRP), after seeing a massive increase in its value on Sept. 21st and emerging as the second largest digital currency by market cap – repeated the same trend yesterday, Sept. 26. XRP (XRP) briefly took over the position of Ethereum (ETH) yesterday after seeing a significant increase in its value which resulted in an increase in its market cap. XRP emerged as the second largest digital currency in the market, but what happened last week still occurred, as Ethereum (ETH) fought back to reclaimed its position. XRP (XRP) Price Today – XRP / USD Name Price24H (%)$0.52 -2.03% At the time of writing, XRP (XRP) is changing hands at 52 cents after a decrease of less than one percent over the past twenty-four hours. The current market cap of the digital currency is $20.76 billion and its trading volume over the past twenty-four hours is $1.48 billion. XRP Price Analysis Over the past couple of days, the digital currency has been experiencing a decent upward trend over the 40 cents mark. ..
Ethereum briefly lost its place as the largest altcoin asset by market cap to Ripple for the second time in a week. Ripple (XRP) has briefly surpassed the market cap of Ethereum (ETH) for the second time in a week Wednesday, September 26, once again temporarily becoming the second largest cryptocurrency by market cap. Data from CoinMarketCap shows that XRP is now again ranked third with gains of 22 percent over a 24 hour period, with ETH in the second highest spot for market cap with gains around 3 percent by press time. XRP last outperformed ETH on September 21, only to lose its number two spot shortly afterwards as both assets saw price corrections following sudden upticks. On social media, cryptocurrency traders and commentators reacted buoyantly to the fresh reshifting in the crypto top ten. ETH currently has a market cap of around $22.1 billion at press time, with XRP showing around $200,000 less with a market cap of $21.9 billion. Ripple had hinted its xRapid payment system woul..