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?
I think some reason affecting XRP to increase and become the top 2 cryptocurrency is because they are recently listed in an exchange and too many investor gets excited about it so they invest in it resulting to an increase of the market cap and current market value. That is just my opinion.