The decline of
XRP from 2nd place to 3rd place was not seen as a big problem in the eyes of investors. While most of their investors think that it will rise and invest in XRP, which they see as an investment for the future, they think that XRP, which they think is strong enough to replace Ethereum, may be the crypto currency of the future. XRP, which suddenly placed in the 2nd place in the process after the Bitcoin Cash hard fork and returned to the 3rd place after a short few hours in the first attempt, remained in the 2nd place for more than 1 month in its subsequent rise, surprising all its regulars in the market.
The number of people who prefer Ethereum and those who don’t are increasing
If you were torn between Ethereum and XRP, which would you prefer? While the answers to the question are generally that Ethereum and XRP are both preferred cryptocurrencies, there are certain decreases in the preference rates of Ethereum after the recent declines, and these decreases can increase the current position of XRP in the market positively. Although the preference of those who are between Bitcoin Cash and XRP is not always valid, they mostly prefer XRP, and the reason is stated as “reassuring”.