Cardano is pulling away from XRP in Market Cap Top, but both are losing their positions
The cryptocurrency market can be compared to a real bloodbath. Among them, Cardano (ADA) and XRP lost 6th and 7th positions in the top projects by market capitalization from CoinMarketCap and dropped to 7th and 8th place, respectively.
Cardano & XRP lose their positions in market cap top: CoinMarketCap
Both ADA and XRP, which can be seen as direct competitors for the top spot and potential rivals in their activity, have lost 15% of their value on the day, with Cardano’s capitalization down 3, $2 billion and Ripple losing $2.6 billion.
Is this review fair to one of the crypto community’s biggest and most beloved projects? Is Ripple Overvalued? The answers are still open. What is important now is that there are very few triggers for a change in position, and even those do not seem to provide the necessary impetus for Cardano and XRP to grow.
Perhaps Edward Snowden was right, and it is better to use cryptocurrency and its services than invest in it?
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