Polkadot (DOT) surpassed XRP by market cap today and ranked fourth.
As the crypto market has been on the rise and Polkadot’s DOT token has had some big moves.
According to figures from leading analytics portal Coingecko, DOT has surpassed Ripple’s XRP in terms of market capitalization after a massive 26% gain in the past 24 hours. This makes it the new fourth largest cryptocurrency by market cap.
The Polkadot token was bullish just below its intraday low of $ 11 and hit an all-time high of $ 14.80. The massive price action increased the market value of DOT to $ 13.7 billion as reported by Coingecko.
XRP is losing its rank
XRP, by contrast, has only gained 3.7% in the past 24 hours, which has not been enough to raise the cross-border transfer token above $ 0.30.
XRP market cap is just below DOT, which is currently $ 13.5 billion.