Ripple’s XRP Crashes, Ethereum (ETH) Takes Second Spot in Top 10
Cryptovest
Published Aug 13, 2018 07:27AM ET
Updated Aug 13, 2018 08:40AM ET
Ripple’s XRP Crashes, Ethereum (ETH) Takes Second Spot in Top 10
The XRP digital asset , recently rebranded by Ripple Labs, Inc., has continued its crash, causing a “flippening” with Ethereum (ETH). The swapped positions based on market capitalization are not due to a spike in ETH prices - on the contrary, ETH is also sliding, reaching levels not seen since the summer of 2017, having wiped out most of its gains.
https://twitter.com/Crypto_Macro/status/1028687288329535488
But the crash of XRP is deeper, as the hopes of trading on Coinbase have been dashed. Additionally, a recent lawsuit was dismissed by the US Northern District of California. The lawsuit has, at its heart, the biggest problem with XRP...
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Written By: Cryptovest
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