Ripple (XRP) has overtaken Ethereum as the largest altcoin by market cap in a surge which has divided the cryptocurrency community.
After the payment network’s token reached as much as $2.65 on some exchanges this week, investors are celebrating returns which have topped 1,000 percent in just three weeks. At the start of December, XRP traded at just $0.24.
Multiple altcoins have seen astronomical gains towards the end of this year as Bitcoin’s own surge fueled copycat behavior which saw new all-time highs for assets including Monero, Ethereum, and Ethereum Classic.
Ripple is floating right now between 1.7 – 1.9. This is the best time to buy and get on this train that turns into a spaceship tomorrow.
Data from CoinMarketCap shows that three South Korean exchanges, Bithumb, Coinone and Korbit account for 31.5, 7.3, and 2.07 percent of the worldwide XRP trading, respectively. In addition, within these exchanges, each has more than half of its trading activities concentrating on XRP, data also shows.
Despite its newfound successes, however, Bitcoin figures appear wearier than ever, highlighting the project’s centralized structure and comparative lack of use cases for XRP versus the platform itself.
Where to Buy Ripple Coin?
Ripple coin can be purchased on the following site: Bithumb, Bitfinex, Binance, Bittrex, Poloniex, Coinone, HitBTC, Korbit, Bitstamp.