The Terrible deserter that happened on Wednesday left bitcoin below 100 billionusd. The worst bear since 2018. currently the top two major altcoins XRP and eth are struggling out for the second place. Ethereum fell over to 170 usd while XRP has fallen to 0.4363. a cooling ICO market has also gone down the line as the amount raised via coin offerings plummeted to a $63.2 million in October. this is the lowest since March 2017 just before the token boom began, according to ICOData.io.
As the war for the second place continues,it is clear that XRP is taking the position. How long do we expect to see such position happening?
On one hand you have ethereum which is used in companies to make softwares based on its platform, used by games to be played on their platform, used by ICO's to be published on their platform and many other stuff that has been done on their platform for the longest time.
On the other hand you have a company that vaguely represents the coin in the loosest terms. There is no battle between ETH and XRP in reality, there is just a battle between ETH fans and XRP fans. XRP wasn't like this for the longest time, it only came to light when everything else fell but XRP didn't drop as much as some of the other coins and increased in value time to time because of its owners.
When the bull comes you will see the real difference both of them because bull will make ETH worth a lot again whereas the owners of XRP can't afford to spike the price that much during a bull compared to a bear market.