The 2nd position is reclaimed by Ethereum as it overthrows XRP. With a market cap of $12.6 billion, Ether is trading in the green at $120. While, Tron founder, Justin sun can’t stop taking another jab at Buterin after he announced the special campaign for Buterin in Valentine’s Day.
Ethereum reclaims its 2nd Spot
After losing the 2nd spot to XRP, Ethereum has reclaimed the position. With a market cap of $12.6 billion, Ethereum is a step above XRP by about $103 million.
At the time of writing, Ethereum has been trading at $120.39 with 24-hours gains of 1.29 percent. In the BTC market as well, it is up by 1.58 percent. It is currently managing the daily trading volume of $3.25 billion.
After hitting its lowest point of the year at $83.30 in mid-December, Ethereum went up to $157.97 in early January. However, last week Ethereum has been trading around $100 only to spike along with the rest of the crypto market led by Litecoin’s 30 percent gains. Currently, Ethereum is down over 90 percent from its all-time high at around $1,440.
Ethereum community is currently waiting for its Constantinople hard fork which is scheduled for late February. Also, according to the recent research by LongHash, only about 10 percent of the Ethereum Dapps are active today i.e. 180 out of 1812 of Ethereum Dapps. Despite this, the Ethereum price has been holding on its own and stayed above $100.
Justin Sun Beats Vitalik Buterin
Meanwhile, Tron Founder, Justin Sun is not letting go of any opportunity to point out that they are actually gaining momentum over Ethereum or its co-founder Vitalik Buterin.
Sun has one-upped Buterin when it comes to Twitter followers despite being six years younger as Sun ha snow 834k followers.
This isn’t anything new as both Sun and Buterin never misses a chance to take a jab at each other as one crypto enthusiast quipped, “It’s dope to find out they talk on a daily basis….I’d love to see these two come together and collaborate….”
While another one had this to say, “I look at these companies like a Coca Cola vs Pepsi. Both will prevail ETH and TRX.”
Recently, Sun had taken another jab at Buterin over choosing BitTorrent, now acquired by Sun, as the proven long-lasting use case of decentralized application.
— Justin Sun (@justinsuntron) February 9, 2019
Well, Vitalik didn’t go either and gave one right back.
Note for the uninitiated: yes I am making fun of twitter coin shills who are taking my tweet about VPNs and bittorrent out of context.
— Vitalik Non-giver of Ether (@VitalikButerin) February 10, 2019
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.