2020 XRP is still in rank 2 and now XRP has dropped to rank 6 because at that time they had problems with the SEC, and 2021 bullish confirmend,
and now it's possible that we will see BNB also drop from rank 4 and maybe to rank 8 or 10, because BNB is also in trouble with the SEC,
and maybe 2024 bullish also confirmed ?, so yeah we're probably close to a bullrun.
XRP was not in rank #2 position, because you know BTC & ETH position always 1 & 2 in the market. If i'm not wrong XRP was hit ranked #2 but for short term when it new ATH was around 4$, whatever i think mostly old coins position are down day by day, because a lot of new coins are hyped even a few new coins already in top 20, so i think old coin can't keep their rank in the future.
Yes, it looks like positions 1 and 2, namely Bitcoin and Ethereum, will not be replaced,
it's going to be tough and hopefully more altcoins will creep up,
it will be good for sure for competition and just keep up with the developments.
the more altcoins that appear, the tougher the competition will be on CMC, this has a good impact because for us it is an opportunity to get big profits from increases due to trends in certain altcoins. it's not easy to choose a new project until it develops into the top 20 in CMC. however, the more new altcoins develop, the more opportunities there are to discover them. therefore we must be good at analyzing so that we can correctly analyze some future altcoins