In the latest news on our DC Forecasts crypto news site, we have Ethereum (ETH) reclaiming its top altcoin position and rising by $500,000 clear of Ripple (XRP) and its market cap in a new surge that brought the total cryptocurrency market capitalization to $130 billion.
Thanks to the positive gains that Ethereum (ETH) recorded, it is now the most successful altcoin and the second biggest cryptocurrency by its market capitalization. It suddenly reemerged and surpassed XRP’s market cap.
Currently, Ethereum (ETH) is trading at $147.96 with a $15.4 billion market cap measuring a growth of more than 8% overnight, while Ripple (XRP) is at $0.363 measuring a growth of 1.94% and now with a market cap of $14.82 billion which is less than $1 billion short of Ethereum’s market cap.
With this, Ethereum placed itself as the best performer in the top twenty cryptocurrencies and started 2019 with a new surge, dominating the altcoin market.
Recently, the founder of TRON criticized ETH for failing to capitalize on progress in its development roadmap. Even though no one from Ethereum’s team responded to these claims, the altcoin has shut down many mouths with its new and steady growth.
We are waiting to see if Ripple (XRP) will follow this rise and possibly regain its second position held for many months.
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