|Sep 21, 2018 07:54 PM||By: John Patrick Mullin | 5178 Views|
Ripple's XRP has authorized the aggregate two cryptocurrencies. XRP has today overhauled Ethereum, with the last gap of $2 billion closed within one hour.
The last few days XRP made tremendous gains, and the recognition it got from growing from $0,27 to $0,57 in a material of days gave the final push to make the flipping happen today. Ripple's token has a market cap of over $23.5 billion, while Ethereum's market cap is $23.3 billion.
On December 29, Ripple then overtook Ethereum with a business cap of $73 billion after 43% increases on one day. Soon after Ethereum took the second spot back.
XRP has been getting tremendous increases over the last few days, following two items. First, Ripple stated that their new cross-border payment system xRapid would go live in less than two months, and on Wednesday, PNC associated RippleNet as the first significant US bank.
However, it appears that the media recognition following the Ripple announcements and the 'flipping talk' is the significant reason after the roll of XRP.
At the time of review, XRP is worth $0,59 (61% up today). Ethereum is valued at $228 (7,6%).