Ethereum up 200% this year, and some see a flippening ahead
Ethereum versus bitcoin: the flippening that, according to available data, came close in 2017. Ethereum has surpassed its all-time highs above…
English · Original discussion in Spanish · Published
Ethereum versus bitcoin: the flippening that, according to available data, came close in 2017
Ethereum has surpassed its all-time highs above $2,800 and has gained more than 200% since the start of the year. For several of the analysts quoted, the token is no longer just an alternative to bitcoin but has become the epicenter of the market. And with it has returned the long-shelved question, the one financial circles dubbed the flippening: can it overtake bitcoin by market capitalization and drag the rest of the cryptocurrencies along with it?
The boldest forecasts are already on the table. Cryptocurrency expert Teeka Tiwari claims Ethereum could rise another 500% to $13,000 per coin, overtaking bitcoin as the benchmark.
Ethereum has surpassed its all-time highs above $2,800 and has gained more than 200% since the start of the year. For several of the analysts quoted, the token is no longer just an alternative to bitcoin but has become the epicenter of the market. And with it has returned the long-shelved question, the one financial circles dubbed the flippening: can it overtake bitcoin by market capitalization and drag the rest of the cryptocurrencies along with it?
The boldest forecasts are already on the table. Cryptocurrency expert Teeka Tiwari claims Ethereum could rise another 500% to $13,000 per coin, overtaking bitcoin as the benchmark.
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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (14 replies).
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