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Ripple Is Up 150% This Week, Passes Ethereum As 2nd Largest Cryptocurrency
Altcoin Ripple has soared over 150% this week (up 50% today) to its highest level since May as optimism spread surrounding Ripple Labs Inc.’s plans for using a digital coin. And, as CoinTelegraph's Moilly Jane Zuckerman notes, Ripple (XRP) has now overtaken Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap. As of press time, Ripple has a listed market cap of around $23.39 billion, while Ethereum - now in third on CoinMarketCap - has around $23.2 billion in market cap. Notably the last two times that XRP has topped ETH, it has quickly collapsed. Bitcoin (BTC) is still ranked ... (full story)