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Author Topic: Is XRP displacing Polkadot?  (Read 357 times)
bitgolden
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February 06, 2021, 03:36:11 PM
 #41

I feel Polkadot will again surpass XRP very soon. In the last 2 days, XRP was heavily pumped up and drop back but still in a good position but it's hard for XRP to maintain the position above to the Polkadot as we have seen many exchanges has already delisted XRP So we will see the impact of this on XRP in coming time. Things can change only when XRP wins the case against SEC till then it's not easy for XRP to maintain its position above Polkadot.
Yeah. but the difference is just 2 billion dollars and that says a lot. Polkadot is a fairly new and not a huge coin that blasted off amazingly from the first moment whereas XRP is a coin that was created and pre-minted by Ripple company a decade ago (nearly). So, this is a proof that old needs to make a place for the new, the old ones are getting lower and lower and people will stop caring about them all together in the future. Why xrp took over?

It finally had another bull run to displace dot but why was it down to begin with? Because XRP was/is managed by a company, literally the definition of centralization because it is all controlled and decided by one company, what happened to that company? SEC said they can't do that and stopped them from working and started to investigate it, hence at the end we ended up with absolutely low level XRP price.

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February 06, 2021, 06:14:31 PM
 #42


it should have been the other way around. XRP had been displaced several times though so it doesn't have a real position in the marketcap since the time ETH outranked it. Polkadot is another project that managed to be on the top 5. polkadot will really be a good contender to compete for the tokens on top of CMC. these are the kind of project that will likely beat ETH and put XRP below.

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February 06, 2021, 07:12:46 PM
 #43

It is surprising for a coin with an ongoing case with SEC to be showing massive growth even after dumping for a while, this then shows how strong XRP is and just imagine what would have happened if there was no case at all, it means XRP would have recorded new heights. Before people were thinking it would be LTC that would take the XRP spot but wasn't long for Polkadot to do so and now XRP again. Nevertheless, Polkadot is a good project and has shown its worth with time, but XRP is a strong one on its own with a massive community and thus the reason it was easy for it to retain its spot on coinmarketcap. I think the outcome of the case would determine if it will remain on that spot or go down again.
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February 06, 2021, 10:00:06 PM
 #44

Once the issues in Sec let’s see if Xrp will gain a massive growth in the market. Xrp is still on top rank than polkadot and still its on position as these days price pump and dump. Many speculation that price may hit to $1 if there's no issues on Sec in this project so let see this month of there's a changes on Xrp.
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February 06, 2021, 11:49:18 PM
 #45


I am sure Ripple will not shift again in its position, because Ripple is still very worthy to be in the top 3 coinmarketcap and behind Ethereum,
XRP prices go up because of Fomo, of course you remember about the 900% increase in DOGE ?, yes Fomo is the trigger,
and the community that controls this altcoin season, XRP also has a large community so don't miss this coin.

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February 06, 2021, 11:51:22 PM
 #46

Actually it has per CMC ranking now, and it's only XRP displacing DOT but also Cardano which has some awesome big run.

https://coinmarketcap.com/


I did not expect Cardano to have this big run, but here it is, this is really it, bull run makes altcoins come alive and pump big time.
Slowly, some of the major coins having their own show.  Grin

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February 07, 2021, 07:17:16 AM
 #47

after the SEC incident, XRP is now getting back on its feet. even though at this time XRP still can't take the 3rd position back in CMC, but I think its improvement over the polka dot in CMC is pretty good. Unfortunately, a few moments after being ranked 4th, now XRP has dropped back to 5th place, and Cardano has managed to reach 4th place beating XRP. well, I'm still expecting an upgrade on XRP.

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February 07, 2021, 07:29:42 AM
 #48

Actually it has per CMC ranking now, and it's only XRP displacing DOT but also Cardano which has some awesome big run.

I did not expect Cardano to have this big run, but here it is, this is really it, bull run makes altcoins come alive and pump big time.
Slowly, some of the major coins having their own show.  Grin

Cardano had not achieved the long-awaited rise. It finally did what it should has done and went a little further. While all altcoins were in an uptrend, it grew quite slowly. Can make a move that takes longer than others Smiley

I didn't expect polkadot to go that high, ripple should have been higher anyway. There is good competition between them Cheesy

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February 07, 2021, 07:39:26 AM
 #49

after the SEC incident, XRP is now getting back on its feet. even though at this time XRP still can't take the 3rd position back in CMC, but I think its improvement over the polka dot in CMC is pretty good. Unfortunately, a few moments after being ranked 4th, now XRP has dropped back to 5th place, and Cardano has managed to reach 4th place beating XRP. well, I'm still expecting an upgrade on XRP.
if the benchmark you are using is coinmarketcap then the formula used in coinmarketcap is the most trading volume, so in my opinion if you want to get XRP back to rank 3 then it will be very easy because we all know that XRP can increase trading volume just by providing information on Twitter about developments or good updates that can lure traders and investors into and returning to XRP again. unfortunately polkadot still can't beat XRP, it still requires high efforts to beat XRP.

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February 07, 2021, 04:30:24 PM
 #50

When comparing the functionality of the two platforms, XRP has no chance. If we look to capacity, XRP will soon have no chance either. From my point of view, XRP is a shitcoin

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February 07, 2021, 06:22:57 PM
 #51

It’s quite possible in my opinion. Both are recently doing very good. And according to Coinmarketcap different Between XRP and Polkadot is around 1 billion only. So It's very possible to overtake this if XRP do correction and polkadot take the chance that time. It’s just matter of time I think.


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