Post
Topic
Board Altcoin Discussion
Re: Can new crypto beat Eth in the market?
by
istiak2277
on 07/12/2020, 04:26:29 UTC
There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

In terms of token price, it can overtake ETH price and we have seen this with any projects. Like YFI, YFII, MKR, PAXG, and many more. But they can not take the position of number 2 for ETH in coinmarketcap. All those projects are based on the ETH network and their market cap is not even near ETH 67B market cap. Even XRP which was in number 2 in CMC has a market cap of 27B+ which is half of the ETH network has.