Key Takeaways

  • Litecoin has finally overtaken XRP with a market capitalization of $10.8 billion.
  • Analyst says XRP is missing out on the crypto bull run due to the SEC’s lawsuit against Ripple.

Share this article

Litecoin has surpassed the market capitalization of XRP to become the fourth-largest cryptocurrency. 

Ripple’s Demise Moves Litecoin Up 

XRP has plummeted since the SEC sued Ripple and two of its founders for “ongoing” securities fraud to the tune of $1.3 billion

The market capitalization of XRP has since dropped from $25 billion to lows of $9.3 billion since the crypto industry first learned of the lawsuit on Dec. 21. 

On Dec. 23, when the SEC finally filed the lawsuit, XRP closed 41.7% lower on a daily scale. 

Since then, the troubled digital asset has received repeated blows as exchanges delist XRP to comply with the securities laws. 

XRP/USD and LTC/USD daily chart. Source: Trading View 

On the other hand, Litecoin, a decentralized payments alternative, has gained a lot of traction, rising 45% since the SEC filed the lawsuit. Moreover, the period also coincided with the strong run-ups in Bitcoin and Ethereum, creating a perfect niche for an altcoin bull run. 

Jason Deane, an analyst at Quantum Economics, told Crypto Briefing via correspondence: 

“XRP completely missed out on significant new money entering the space (some of which has found its way to Litecoin) but it has been heavily divested due to the uncertainty that now exists about its future.” 

Though market experts know that correlation does not necessarily mean causation, there is reason to believe that XRP’s demise directed altcoin investors to Litecoin. Deane added:

“The ‘flipping’ of these two assets is no more than a natural function of those actions playing out.”

Litecoin holds the fourth spot concerning market capitalization at around $10.8 billion. The number three spot is currently held by Tether with a supply of 20.8 billion.  

Disclosure: This author held about $20 Litecoin at the time of publication.

Share this article


  1. Hey! I know this is somewhat off topic but I was wondering if
    you knew where I could locate a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having trouble finding one?
    Thanks a lot!

  2. Hi there to every single one, it’s really a good for me to visit
    this site, it consists of useful Information.

  3. Because the admin of this site is working, no question very
    soon it will be well-known, due to its feature contents.

  4. Excellent goods from you, man. I’ve understand your stuff previous to and you’re
    just extremely excellent. I really like what you have acquired here, really like what
    you are stating and the way in which you say it. You make it enjoyable and you still take care of to keep it sensible.
    I can’t wait to read far more from you. This is actually a great site.

  5. My programmer is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the costs. But he’s tryiong none
    the less. I’ve been using WordPress on several websites for about a year and am nervous about switching to another platform.
    I have heard fantastic things about
    Is there a way I can import all my wordpress posts into it?
    Any help would be really appreciated!

  6. great points altogether, you simply won a new reader.
    What may you suggest about your put up that you simply made some
    days ago? Any certain?

  7. With havin so much content and articles do you ever
    run into any problems of plagorism or copyright infringement?
    My blog has a lot of exclusive content I’ve either created myself or outsourced but it
    seems a lot of it is popping it up all over the internet without my authorization. Do you know any ways to help prevent content from being ripped off?
    I’d certainly appreciate it.

  8. At this time I am going away to do my breakfast, afterward having my breakfast coming yet again to read more news.

  9. This is really attention-grabbing, You’re an overly professional blogger.
    I have joined your feed and look forward to seeking extra of your great post.
    Additionally, I’ve shared your web site in my social networks

  10. Terrific article! This is the type of info that are meant to be shared around the web.
    Disgrace on Google for not positioning this submit higher!
    Come on over and consult with my site . Thank you =)
    quest bars quest bars

  11. hey there and thank you for your information – I have definitely picked up something new from right here.
    I did however expertise some technical points using this website, since I experienced to
    reload the web site a lot of times previous to I could get
    it to load properly. I had been wondering if your hosting is OK?
    Not that I’m complaining, but sluggish loading instances times will sometimes affect your placement in google and could damage
    your quality score if ads and marketing with Adwords.
    Well I’m adding this RSS to my email and could look out for much more of your respective intriguing content.
    Ensure that you update this again soon. scoliosis surgery scoliosis surgery

  12. Do you mind if I quote a couple of your articles
    as long as I provide credit and sources back to your webpage?
    My blog is in the exact same area of interest as yours and my visitors would genuinely benefit from some of the information you present here.

    Please let me know if this alright with you. Many

  13. Just want to say your article is as astonishing.
    The clarity to your submit is just nice and i can assume you’re
    knowledgeable on this subject. Well along with your permission let me to
    grab your feed to keep updated with imminent post. Thanks 1,
    000,000 and please carry on the enjoyable work.

  14. Today, while I was at work, my sister stole my apple ipad and tested to see if it can survive a thirty foot drop, just so she can be a youtube sensation. My iPad is now broken and she has 83 views. I know this is completely off topic but I had to share it with someone!|

  15. hello there and thank you for your info – I have definitely picked up anything new from right here. I did however expertise several technical points using this website, since I experienced to reload the site lots of times previous to I could get it to load correctly. I had been wondering if your web hosting is OK? Not that I am complaining, but sluggish loading instances times will very frequently affect your placement in google and can damage your high quality score if advertising and marketing with Adwords. Anyway I’m adding this RSS to my e-mail and could look out for a lot more of your respective intriguing content. Ensure that you update this again very soon.|

  16. Thank you for the good writeup. It in reality was a entertainment account it. Glance complicated to more brought agreeable from you! By the way, how can we communicate?|

  17. You really make it seem so easy with your presentation but I find this matter to be really something which I think I would never understand. It seems too complex and extremely broad for me. I’m looking forward for your next post, I’ll try to get the hang of it!|

  18. What’s up it’s me, I am also visiting this website regularly, this site is actually pleasant and the people are actually sharing pleasant thoughts.|

  19. Hello there! This post could not be written any better! Reading this post reminds me of my previous room mate! He always kept chatting about this. I will forward this write-up to him. Fairly certain he will have a good read. Many thanks for sharing!|

  20. If you would like to obtain a good deal from this paragraph then you have to apply these strategies to your won blog.|

  21. Wow! This blog looks exactly like my old one! It’s on a completely different subject but it has pretty much the same page layout and design. Great choice of colors!|

  22. Hello there! I could have sworn I’ve been to this website before but after checking through some of the post I realized it’s new to me. Anyhow, I’m definitely delighted I found it and I’ll be book-marking and checking back frequently!|

  23. Greetings! Very helpful advice in this particular article! It is the little changes that make the greatest changes. Thanks for sharing!|


Please enter your comment!
Please enter your name here