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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 ..