We just compared the two coins the other day, and it seems that things have drastically changed in 24 hours. ETH dethroned XRP, and it’s now occupying the second spot on CoinMarketCap in terms of total market cap again.
The Ethereum community has a reason to begin 2019 celebrating.
Both Ethereum and Ripple’s XRP are great investment choices since they both have working products, strong teams, partnerships, alliances, and foundations.
Regardless of the price on the markets, experts recommendation is to invest in both tokens, because they are very different in terms of goals and partners.
ETH regains the second spot
Crypto enthusiasts have been predicting this since the end of 2018, saying that the token will eventually get back on the second spot. More than that, the surge of ETH is the strongest one if we look at the top 20 cryptos and this will definitely trigger an increased interest from investors.
At the moment, ETH is priced at $154.33 with a total market cap of $16,075,927,106 , while XRP is priced at $0.369709 with a total market cap of $15,081,963,673 on CoinMarketCap.
Can we expect a bull run?
Even if all achievements point to a potential bull run heading our way, crypto experts are reserved in this matter. Now, Ethereum is awaiting for its Constantinople hard fork which will take place this month.
As Oracle Times notes, “In 2018 Ethereum lost its spot to Ripple’s XRP regarding market cap, and now its developers are actively hoping that its hard fork which is scheduled for January will be making the transition from Proof of Work (PoW) to Proof of Stake (PoS) more effective and boost ETH’s market value while entering 2019.”
ETH has been ideally positioned for a surge in price since the end of 2018 and experts have been predicting this for a while. We’ll have to see whether this will open the door for a bull run.