XRP (XRP) – Ethereum flip flops continue, but not for long

As has been the case in the last two weeks, XRP (XRP) flip-flopped with Ethereum taking position number 2. This started after the news of the live release of XRapid.

However, this competition for second place will not last long. This is because SWELL 2018 starts within 24 hours and it is widely expected that big news will be announced during this event. There is a good chance that Ripple announces the banks that will use XRapid at this event. If this happens, the purchase of FOMO that will take effect could see XRP consolidate its number two position. The XRP gained more than 60% when the news of the XRapid broadcast, probably live, was announced. In essence, once the official announcement is made, the XRP could reach more than $ 1 in a very short time. This would create a huge gap between its market capitalization and that of Ethereum (ETH).

But it's not just Ethereum (ETH) that XRP has the potential to dethrone. Once XRapid comes online, there is a good chance that it can also challenge Bitcoin for first place. Since XRapid went live, XRP has not been marketed in parallel with BTC. It has consistently posted strong growth, even though Bitcoin (BTC) is between $ 6,300 and $ 6,500. Anyone who has invested in XRP since 21^st September saw larger gains than the investment in BTC. XRP trading independently of BTC could be the first step in the decoupling process and could easily see it become the number one market capitalization encryption.

The reason why XRapid is starting is so important because the impact is one of the most critical aspects of the banking sector and, by extension, the global economy. XRapid will lead to a scenario in which banks can facilitate cross-border credit transfers in seconds. By extension, this will accelerate trade in the global economy. This is a trillion dollar market, a market that could see the XRP rise to three-digit valuations while the scale of all this has a price in the market. If the XRP goes to such high valuations, it will become the world's largest market capitalization leader, well ahead of bitcoin.

In addition, if the XRP dominates the cross-border payments market, there is a good chance that it will also become the currency's future. Ripple already has members from key institutions such as the Federal Reserve's Faster Payments Working Group, which means it could be a viable improvement to the dollar.

Essentially, a future in which XRP is the number one crypto is quite possible. This trip to the summit will start tomorrow, depending on the weight of what will happen in the event that the event unfolds in San Francisco. This event will determine if XRP takes over and retains the position of number 2, and then target the bitcoin. This will be an interesting Q4 for XRP investors.