Ripple now ranks as the second most valuable cryptocurrency on the planet.
After another strong surge this morning, Ripple again climbs to number 2 in the world crypto ranks.
Check this out:
As you can see, Ripple is worth $24.3 billion while Ether is now worth $24.1 billion
As you can imagine, as time goes by we will probably see some flip-flopping in rankings with those 2 due to how close they are in valuation.
In fact, Ripple has passed Ether 3 times now in the month of September alone.
By the way, if you are new to crypto and not quite sure what coin I am talking about, Ripple's cryptocurrency is called XRP.
A sign of things to come?
I would say yes and no.
Ether has enjoyed being in the second position pretty much ever since it was created.
I envision that may not last forever.
And that is not a shot at ether as much as it is a belief that the best blockchain technology hasn't even been invented yet.
The current coins of today will likely be relics of the coins 5 years from now, unless the chains can continue to upgrade along the way.
Either way, it will be interesting to watch as the different coins jockey for position over the coming months and years.
The big question will be, how long will bitcoin remain number one?
Stay informed my friends.
Follow me: @jrcornel