Ripple's 53% Surge Makes It the Second-Biggest Cryptocurrency
- Cryptocurrency takes ether’s place as world’s second largest
- Surpasses bitcoin cash, ether in market cap after surge
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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.