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Friday, May 19, 2017

Ripple Doubles Ethereum Market Cap As Devs Calm Market

Ripple Doubles Ethereum Market Cap As Devs Calm Market

Ripple’s market cap is now almost double Ethereum’s as continued rapid growth sees the asset today’s only altcoin winner.

Countering a broad downturn in altcoin prices, Ripple is now worth over $0.40 per token, a rise of 39 percent in the 24 hours to press time and twice its value just three days ago.

Its market cap is over $15 bln compared to Ethereum’s $8 bln.

Ethereum is now firmly in the number three spot in terms of cryptocurrency market cap, while enthusiasm behind Ripple continues unabated despite community suspicion.

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