Business Standard

Ripple's 53% surge makes it the cryptocurrency to watch after bitcoin

It's the latest twist in the crypto saga known as the 'flippening'

Ripple
Premium

Source: CoinMarketCap.com

Kailey Leinz | Bloomberg
A new contender just moved into second place in the race to catch bitcoin.
 
Ripple, a cryptocurrency that first surfaced in 2013, has surged 53 percent in the past 24 hours to surpass ethereum and take the title of the world’s second-most valuable digital coin by market cap. Ripple’s market value rocketed to $86 billion, making ether No.3 at $73 billion. Bitcoin’s market cap is near $250 billion.
 
It’s the latest twist in the crypto saga known as the “flippening.” That’s what ether enthusiasts call the coin’s anticipated rise to the most valuable by market cap. Rather than

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in