Ethereum Surpasses Ripple’s XRP In The Crpytocurrency Rankings- Why?

The bitcoin rival and the decentralized app network, Ethereum continues to climb overtaking XRP digital token and reclaiming the second position in the list of world’s largest cryptocurrencies by market capitalization. Over the last 24 hour period the price surged to $120 per ether token. Whereas the Ripple token remains flat holding gains from late last week.


Moreover, the cryptocurrency Bitcoin is trading approximately at $3,600, which is 5% up over the last week. Ethereum’s price appears to be down to some major moves from large Ethereum holders like Cryptocurrency whale tracker.

In a period of 24 hours, the Crypto whales have traded a value of $8.5 million of Ethereum. Also, adding to ethereum daily volume of $3.2 billion. Generally, the crypto markets remain small enough to trade at either above or below market rates. Currently, ethereum has a market capitalisation of $12.6 billion, which is slightly above Ripple’s market cap of $12.4 billion. Whereas Litecoin on the…

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2019-02-12 07:47:10

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Written by Coinpedia

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