I saw someone claiming that if ETH will do 2x, it can flip the BTC.
Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.
It can probably go 2x from it's BTC price, which would take it to it's previous ATH of 0.14-0.16 Bitcoin. Though I'm doubting this as this a further correction seems necessary for when Bitcoin begins to go parabolic again. So I'm not convinced it'd break that in this cycle. It also still wouldn't quite put it in the lead based on market capitalizations and was a lot closer in the past...
Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
People probably naively think that if Ethereum overtakes Bitcoin it put's it at around $60K+ or something dumb, not acknowledging the difference in circulating supply, that of ETH having 100+ million coins.