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Ripple’s XRP Crashes, Ethereum (ETH) Takes Second Spot in Top 10

Published 08/13/2018, 07:27 AM
Updated 08/13/2018, 08:40 AM
 Ripple’s XRP Crashes, Ethereum (ETH) Takes Second Spot in Top 10

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...


This article appeared first on Cryptovest

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