The Currency Analytics

Ethereum regains #2 position on CoinMarketCap

By Sydney TheCMO

Ethereum investors welcomed the New Year on a glorious note. ETH, which previously had lost its rank to Ripple’s XRP, is finally back again in its former position.

Yes, Ethereum is once again the 2nd most popular cryptocurrency in the world today and is glowing in the honorable second position on CoinMarketCap, just next to Bitcoin.

XRP shocked the crypto world a few months back when it took over Ethereum on 21st September, 2018.

But this historical “flippening” didn’t actually last long for XRP. Ethereum soon piqued a handy 17% increment in price & added a solid 3 billion USD to market cap.

At present, Ethereum is sitting firmly on the 2nd position on CoinMarketCap with a market cap worth $16,015,386,614.

One of the main reasons behind ETH’s recent dramatic rise is surely its upcoming hard fork. The hard fork is said to reduce block time & speed up the network and the…

The crypto market was in a bearish mode for the major part of 2018. But with the New Year ushering in, there seems to be a bullish trend in the crypto trading scene.

TIOx has already been listed by CoinMarketCap which itself speaks of promise for any emerging coin. The token’s market cap at present is $7,578,601.

 Backed by blockchain technology, trade.io represents a next-gen exchange which has tried to address the typical flaws faced by regular exchanges today.

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