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The Flippening?
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Bitcoin’s current market cap is $383b with a price of ~$20,000 per coin.

Ethereum’s current market cap is $178b with a price of ~$1450 per ether.

ETH just went PoS with a lot of media coverage while BTC is still being dragged through the mud with the energy consumption FUD.

NFTs are slowly making a comeback.

To me it seems like the perfect storm is brewing for the Flippening as it would take a quick rally to $3,000 for ETH to flip BTC if the latter’s price remains the same or falls below its current.

IMO, the chances have never been higher and we could see it happen by the end of 2022.

We have already seen BTC money > ETH > Altcoins and now would be the time to see ETH money > Altcoins > BTC (NFTs will be having their moment as well somewhere in the equation)

What do you guys think, would a rapid x2 increase in the price of ETH surprise you at this point?

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2 years ago