Over the past week, Ripple (XRP) and Toncoin (TON) have experienced significant declines, dropping over 23% and 22% respectively, amid a broader cryptocurrency market downturn. Ripple's market capitalization has fallen to approximately $25.9 billion, while Toncoin's stands at around $13.2 billion. Despite these declines, the considerable gap between their market caps makes it unlikely that Toncoin will surpass Ripple in the near term. Furthermore, sentiment analysis indicates that Ripple is in a comparatively stronger position, with a less negative funding rate than Toncoin, suggesting that XRP will likely maintain its current ranking above TON for now.
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Over the past week, Ripple (XRP) and Toncoin (TON) have experienced significant declines, dropping over 23% and 22% respectively, amid a broader cryptocurrency market downturn. Ripple's market capitalization has fallen to approximately $25.9 billion, while Toncoin's stands at around $13.2 billion. Despite these declines, the considerable gap between their market caps makes it unlikely that Toncoin will surpass Ripple in the near term. Furthermore, sentiment analysis indicates that Ripple is in a comparatively stronger position, with a less negative funding rate than Toncoin, suggesting that XRP will likely maintain its current ranking above TON for now.
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