Post
Topic
Board Altcoin Discussion
Re: Can new crypto beat Eth in the market?
by
bryant.coleman
on 21/12/2020, 20:04:06 UTC
Don't tell me you don't know that Ethereum is established for a couple of years now, I remembered the the time when I was started here in this field of business in crypto space were ETH was only 0.01BTC something then during Bull run 2017 it went up the price almost 1k plus in USD, so this time I guess it become better than 2017 for sure. In short, none of the altcoins can beat Ethereum of course, based on my own perception only.

Ethereum is still far behind its ATH levels of 2017 and during the last 2-3 months, it's exchange rate versus Bitcoin has also gone down by a lot. Ethereum gave almost 100x returns to those who invested in it during 2017. But it has underperformed since then. The DeFi and ETH 2.0 hypes have failed to take Ethereum back to the previous peak levels. But it's position as the no.2 cryptocurrency seems to be secure for now. Because the other altcoins are in even more bad shape when compared to Ethereum.