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XRP Market Cap Lead Over Ethereum Increases to Nearly $2 Billion As Ripple Community Calls for Base Pair on Binance

by Daily Hodl Staff
November 17, 2018
in Altcoins

The price of XRP has spiked 4.92% in the last 24 hours, according to the latest data on CoinMarketCap.

The surge has pushed XRP’s market cap lead over Ethereum to new heights, with XRP maintaining its spot as the second largest cryptocurrency by nearly $2 Billion.

The growing gap between XRP and Ethereum has led to renewed calls from Ripple and XRP supporters asking Binance and other cryptocurrency exchanges to add XRP as a base pair.

In the long run, the move could further reduce the crypto community’s reliance on the price of Bitcoin and Ethereum and make it faster and easier to move coins between exchanges.

.@cz_binance The 2nd biggest crypto asset by market cap is not offered as a base trading pair on @Binance

There is a good opportunity there to provide more value to your customers. ?#xrp

— C3|Nik (not investment advice) (@C3_Nik) November 17, 2018

What's it gonna take for #XRP to decouple from #BTC? Simple: XRP-based trading pairs. The sooner we add more diversity to the crypto space, the safer we'll all be. #Bitcoin shouldn't dictate the outcome of every single project in this industry. #Binance, are you listening?

— Weiss Crypto (@WeissCrypto) November 16, 2018

The push to add XRP as a base pair on Binance first started back in August.

So far, Binance CEO Changpeng Zhao has not responded for requests to comment about any future base pairs on the leading cryptocurrency exchange, including XRP.

The Crypto Beat

Ripple Reveals New Partnership With One of Asia’s Largest Banks As XRP Officially Hits Coinbase Custody

Ripple Says xCurrent Will Let Financial Institutions ‘Seamlessly Access’ XRP-Powered xRapid

Confirmed: Ripple Partner TransferGo Exploring XRP-Powered xRapid for Cross-Border Payments

Breakthrough XRP Fiat-to-Crypto Platform Launches Beta, Works Without a Crypto Exchange

The Ripple Effect: Developers Bring XRP to Amazon Alexa

Ripple Announces Expansion in the Middle East, Reveals Nearly 200 Financial Institutions Have Joined RippleNet

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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