XRP risks losing top-5 crypto status as Polkadot, Cardano market caps hit $21B

[newshunter]

XRP risks losing top-5 crypto status as Polkadot, Cardano market caps hit $21B

A second usurping of XRP by Polkadot leaves it perilously close to exiting the top five cryptocurrencies by market cap.

Source: XRP risks losing top-5 crypto status as Polkadot, Cardano market caps hit $21B

Would appreciate your opinion about this

[Noverteno]

Well, that's quite possible. Ripple recently moved up to the sixth position in the CoinMarketCap table, but so far it has returned to the fifth position. Ripple, Cardano and Polkadot are currently fighting for the highest level of capitalization and this is normal for this market. To date, Ripple is still firmly holding the fifth position with a price of $ 0.53 and a capitalization level of $ 24.6 billion. However, cryptocurrency continues to evolve rapidly and is still subject to change. If ripple solves the problem with the SEC lawsuit, it can quickly strengthen its position.

[trendcoin]

xrp is in a serious problem. It will not be easy to get rid of sec's pressure. When things are in such a mess, the price is not expected to be good. It is perfectly normal to fall down from the 5th rank. I do not invest money in a coin that has a trust problem when there are dozens or even hundreds of opportunities in the market.

[Alcor]

xrp is in a serious problem. It will not be easy to get rid of sec's pressure. When things are in such a mess, the price is not expected to be good. It is perfectly normal to fall down from the 5th rank. I do not invest money in a coin that has a trust problem when there are dozens or even hundreds of opportunities in the market.

Cardano and Polkadot are good competitors for Ripple in terms of capitalization, as these coins are developing very quickly. As long as ripple is still holding the fifth position in the CoinMarketCap table and if it goes down, it will not mean that it is doing badly. In recent days, the price and level of capitalization of ripple have been growing rapidly. Today its price is already $ 0.63, and its capitalization is $ 28.6 billion. The price increase is 14 percent in the last day and 46 percent in the last week. This is not a bad result, considering that a court hearing is scheduled for the end of this month on the SEC lawsuit against Ripple Labs and its two executives.