ADVERTISEMENT
Ripple overtakes litecoin as the 4th largest cryptocurrency
The cryptocurrency wants to decentralize banking ledgers worldwide.
The boom has largely coincided with gains in bitcoin and other smaller cryptocurrencies, which have been on a tear since the launch of Bitcoin futures trading by Cboe Global Markets on Sunday.
“I think a lot of this is simply the market better understanding the realities of digital assets performance (speed, throughput etc)," Ripple CEO Brad Garlinghouse told Business Insider Wednesday morning.
Litecoin has been shoved to fifth place in terms of cryptocurrency market cap, according to coinmarketcap.com.
ADVERTISEMENT
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT