This one surprised me a bit. I actually took a position in XRP again last week so this news doesn't hurt my position. I know its a bankers coin and overall run by & for shitty banks, but as a trade, its hard not to hold the #2 token by market cap.
It was first announced on CZ's twitter feed HERE.
Binance’s listing of XRP as a base-pair helps XRP case as a viable cryptocurrency and this will further eat into the Alt-coin position that ETH had as a 2nd base pair.
Ripple has already surpassed Ethereum in terms of market cap and is now #2. As Binance adds more XRP trading pairs, there will be an increase of XRP trading volume which will increase its Market Cap. The gap between Ethereum and Ripple is likely to grow larger and XRP’s 2nd place position is going to become harder to overturn.
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