A new contender just moved into second place in the race to catch bitcoin. Ripple, a cryptocurrency that first surfaced in 2013, has surged 53 percent in the past 24 hours to surpass ethereum and take the title of the world’s second-most valuable digital coin by market cap. Ripple’s market value rocketed to $86 billion, making ether No.3 at $73 billion. Bitcoin’s market cap is near $250 billion. It’s the latest twist in the crypto saga known as the “flippening.” That’s what ether enthusiasts call the coin’s anticipated rise to the most ...
Ripple's 53% surge makes it the cryptocurrency to watch after bitcoin
It's the latest twist in the crypto saga known as the 'flippening'
Kailey Leinz | Bloomberg Last Updated at December 31, 2017 02:20 IST