Hi everyone,
I am curious to know if there any possibility for any other crypto coin to replicate the feat of Bitcoin or even surpass it in the near future.
There is no chance for any crypto replicate bitcoin. Bitcoin is a digital gold and look at the marketcap. Even ethereum can't replace bitcoin. There is no cryptocurreny that can replace bitcoin. All of crypto prices are also pegged to the bitcoin. Any pump and dump happened to the bitcoin would be impacting whole of crypto in the market.
The point is bitcoin being created by satoshi nakamoto as a financial solution over the centralized financial that is always being dictated by the government. There is no chance for other crypto to replace bitcoin at this moment.
Ethereum has ever replaced bitcoin once time but bitcoin was taking back its position again. Bitcoin is a digital gold now. No token/coin in the market has same potential as bitcoin.
Bitcoin has the strongest influence to the crypto market as well.
Yeah that's the biggest connection that make all of us around tragic and shocked.Not even a single coin is seperated from this list. When Bitcoin moves up and down then the altcoins also are effected in positive or negative way.
Even though the big altcoins are not being able to maintain their own existence. They have to sort it out if they want to compete the Bitcoin.