After briefly usurping Ethereum’s spot as the second largest cryptocurrency by market capitalization last week, Ripple once again surged by around 20% to temporarily overtake ETH on Wednesday. Currently, there is a difference of less than $1 billion between the market caps of XRP and ETH.
While Bitcoin has consistently maintained its spot as the top cryptocurrency by market cap from the start, ETH first rose to its number two ranking in February 2016. Since then, it has more or less retained the spot save for a few instances – to mention a few, XRP temporarily displaced ETH in May and December 2017.
Since the second week of January 2018, ETH has maintained its second spot d...
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