![\"Ripple](\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2017\/12\/Ripple-overtakes-ether.png\")
<\/a><\/p>\nA new contender just moved into second place in the race to catch bitcoin.<\/p>\n
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\u2019s second-most valuable digital coin by market cap. Ripple\u2019s market value rocketed to $86 billion, making ether No.3 at $73 billion. Bitcoin\u2019s market cap is near $250 billion.<\/p>\n
It\u2019s the latest twist in the crypto saga known as the \u201cflippening.\u201d That\u2019s what ether enthusiasts call the coin\u2019s anticipated rise to the most valuable by market cap. Rather than catching up to bitcoin, though, ether has fallen behind other upstarts. Just last week, it looked like bitcoin cash, which first debuted in August, would spoil ether\u2019s pursuit. That threat faded as the bitcoin-spinoff tumbled, only to be replaced, and realized, by Ripple as its 20,000 percent surge this year flipped the flippening on its head.<\/p>\n
\u201cThere\u2019s no doubt 2017 has been, among other things, the year of crypto,\u201d Ripple Chief Executive Officer Brad Garlinghouse said on Bloomberg Television earlier this week. \u201cAnd within the year of crypto, XRP [ripple] has outperformed every other digital asset out there.\u201d<\/p>\n
Ripple\u2019s rally has far outpaced the gains of both ether and bitcoin, which have gained roughly 9,000 and 1,400 percent year-to-date, respectively.<\/p>\n
A new contender just moved into second place in the race to catch bitcoin.<\/p>\n","protected":false},"author":341034,"featured_media":228405,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[44696],"tags":[42124,41006],"class_list":["post-243192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-ethereum","tag-ripple"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/243192"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341034"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=243192"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/243192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/228405"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=243192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=243192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=243192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/p>\nNow read:\u00a0Central banks will adopt blockchain technology \u2014 Ripple CEO<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"