However, if we make an assumption that the pump on Bitcoin moves more slowly than Ethereum's pump to $16k, this might cause an occurrence that the people on social media call the flippening. This implies that Ethereum will have a bigger market capitalization than Bitcoin.
Do you agree that Ethereum will have a bigger market capitalization than Bitcoin is more possible than Bitcoin to pump to $3 million?
ETH is trading at around $4k7 and ETH's current market cap is $574 billion. If ETH hits $16k, that would mean its market cap would be $1.9 trillion. Meanwhile, bitcoin's market cap is currently $2.4 trillion and could continue to rise higher if bitcoin hits $150k this cycle. It can be concluded that ETH capitalization cannot surpass Bitcoin even if it reaches $16k.
ETH has never surpassed BTC but it came close in 2017 when its market cap was $34 billion while bitcoin was $41 billion. So we shouldn't be surprised if it happens again.
https://coinmarketcap.com/historical/20170618/