Post
Topic
Board Speculation (Altcoins)
Re: ETH back to second place on coinmarketcap and overtake XRP again?
by
asriloni
on 07/01/2019, 07:46:16 UTC
The last few days were very positive for Ethereum (ETH) and price increased by almost 60%. That's a big sign for ETH to have a claim for taking back the second position on coinmarketcap. XRP overtook ETH a few weeks ago and this fast reaction of ETH would be a positive sign for the entire crypto community. It was always a questionable move that XRP could overtake ETH and the recent price trend would back the importance of ETH as second crypto behind ETH.
For XRP, being very overvalued, this can result in another problem and damage of trust. In opposite, ETH was very undervalued based on it's use-case and offers an opportunity to buy some cheap ETH.

What's your opinion on this issue? Will ETH surpass XRP and stay in second place?
 
ETH prices have actually increased sharply and are showing signs of continuous growth today. because its price has increased 5-7% every day. The hard-fork event has caused its price to increase sharply and after the hard-fork event ends, its price has dropped sharply and it will have to slip down to 3rd place.
it is still very early to rejoice over the results of etherium. We need to wait for the update and see the reaction of investor users in this case. As for the ripples, it has long been sounded that this will fix the artificially PR.
The main thing that you should remember ethereum still not yet determined its total supply while ripple has been doing it and no more ripple will created and distributed to the market. I guess there will be a battle to take the second place of CMC.