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Once again XRP defeated ETH to become the second largest cryptocurrency in terms of market capitalization. Although the prices of the major cryptocurrencies, including Bitcoin, XRP and ETH, are still experiencing an accelerated attack, XRP has taken its place after the world's first cryptocurrency, Bitcoin.
Despite the bearish bear market, XRP sits comfortably with an average trading volume of $ 13,598,563.655, with a value of $ 0.331346. However, the XRP has fallen with almost 10.30 percent in the last 24 hours, but the victory over ETH is a big move that is celebrating members of the XRP community. The coinmarketcap indicates that BTC and XRP are the two currencies that have not lost much of their value compared to other cryptocurrencies including ETH, BCH, EOS and on the contrary.
Furthermore, the reason for the rise of XRP despite the collapse of the cryptography market is still far from sight. Nevertheless, the triumphant announcement of the parent company Ripple stating that "Ripple's product has exceeded 200 customers worldwide" could be an encouraging move that has aroused the interest of the crypto community towards products underlying of Ripple and its digital token, XRP. Moreover, the most positive news on the adoption of XRP through the exchange of cryptocurrencies and the acceptance of the underlying products of Ripple, such as RippleNet, xRapid, xCurrent etc., through the organization of fintech, have spread the positive vibrations of the currency.
In addition, DX-Exchange has made XRP available for trading on its platform, the Nasdaq has regulated the exchange of Estonian cryptocurrencies. The only fact behind the adoption of XRP on DX.exchange is that investors can buy shares in the top 10 Nasdaq companies including Facebook, Apple, Tesla, Intel and more. This move calls many investors who have been waiting for time to buy the shares of the best companies that use cryptocurrency, in particular XRP.
#XRP Trading will result in Nasdaq's encrypted exchange on January 7th at //t.co/ivYfiyqTjg
– RippleCoinNews.com⚡️ (@RippleCoinNews) 6 January 2019
Furthermore, this proximity may or may not be the basis for price increases, so it should not be the basis for a future projection. Nevertheless, history records "the most positive vibrations on the cryptographic resource" often leads to a price chart on the upside.
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