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The new year 2019 began with a frenetic movement in the cryptocurrency sector. On January 2, the first major development of the year occurred with Ethereum [ETH] overtaking XRP on cryptocurrency charts. XRP, which had held position number 2 for several weeks, sold its position to Ethereum, which has grown steadily over the past two days. The price spike also saw trade in Ethereum for $ 143.9, while XRP was trading for $ 0.36.
At the time of writing, Ethereum was growing by 6.5%, with a market capitalization of $ 14.884 billion. The acquisition was concluded with XRP, an increase of 1.27%, with a market capitalization of $ 14.678 billion. What makes the acquisition meaningful is the fact that, prior to this event, XRP had an over $ 4 billion advantage over Ethereum in terms of market capitalization.
Ethereum also has a 24-hour trading volume of $ 2.335 billion, most of which was shared by OEX and OKEx, two popular cryptocurrency exchanges. OEX had a reserve of $ 164.911 million of ETH, while OKEx oversaw 3.21% of all Ethereum trades on the platform.
The trade volume of XRPs was much lower than that of Ethereum, reaching $ 430.973 million. The volume of XRP was held by his usual favorite, ZB.com. The cryptocurrency exchange has reached 11% of the total XRP trade, with Bitbank coming in second place.
Ethereum has also been in the news recently when its co-founded Vitalik Buterin was asked by Tron's Justin Sun to help him review the Tron white paper. This move also stimulated the ecosystem with Misha Lederman, a Tron enthusiast who declared:
"A developer like @VitalikButerin should definitely consider starting to work with a visionary, entrepreneur, CEO, student of history and politics, under Jack Ma and many others, like @JustinSunTron, in order to grow together the adoption and blockchain technology ".
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