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.
However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.
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?
of course holders will be excited because of the results of ethereum wherein a sign as well that there will be a good return afterwards.. Actually it's not surprising ethereum is more faster since this project always provide an update to the network unlike bitcoin wherein as is, i mean it depends on the growth rate compared to ethereum that someone fixing errors and making it more stronger than other crypto in the market.. So expect the market cap of ethereum will increase more..