Much of the recent increase can be attributed to wealthy entities withdrawing their BTC from the exchange
Michaël van de Poppe as recently listed some Crypto assets that might likely overtake XRP as Polkadot did
Ramp Defi, Telcoin, Parsiq and DeFiChain have had their value surge by more than 400%.
The Crypto futures became overheated and record sell-offs began leading traders to lose more than $527 million in a single day.
Bitcoin traded at $36,262.41 with a daily trading volume of $56.4 billion, down 0.49% for the day.
The IMF says close to 80% of the world’s central banks are not allowed to issue a digital currency under their existing laws.
Polkadot has comfortably surpassed XRP in terms of market value following a massive gain of 62% in barely 7 days.
