RATE Group | Will Ripple Flippen Ethereum? Gap is Less Than 10% as XRP Gains 50%
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Will Ripple Flippen Ethereum? Gap is Less Than 10% as XRP Gains 50%

21 Sep Will Ripple Flippen Ethereum? Gap is Less Than 10% as XRP Gains 50%

Posted at 14:21h in Ethereum News by

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Since December 2017 when the price of XRP, the native currency of Ripple, achieved $3, XRP has failed to come close in flippening Ethereum in market cap.

Ten months ago, at the peak of the crypto market when the valuation of cryptocurrencies hovered at around $900 billion, Ripple briefly overtook Ethereum with a 41 percent increase in price.

Subsequent to recording a 50 percent increase in price this week, XRP is close to overtaking Ethereum and become the second most valuable cryptocurrency in the global market after Bitcoin.

Can Ripple Overtake Ethereum?

Currently, as of September 21, the market valuation of Ethereum remains just over $23 billion, with the market cap of Ripple at $21 billion. If XRP records a 10 percent increase in price while ETH sustains momentum in its current price range, it is possible for Ripple to overtake…

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