For the last couple of months, the idea of Ethereum will take over Bitcoin as the biggest crypto on this planet was constantly debated on every blog and facebook page. Will the Ethereum fans and investors be right once again?
As you can see today's numbers, ETH already have $31 billion in market cap. Not sure if you are aware of that ETH had less than $1 billion in market cap at the beginning of this year. That is an amazingly 3100% increase in 5 months. At this point ETH is just $16 billion away from catching up to BTC.
Let's look at the last 24 hours of volume traded between BTC and ETH; $1.965 billions vs 1.943 billions respectively. That is pretty much a tie between the two crypto giants! So at this point, the question isn't "IF" Ethereum will catch Bitcoin? The questions should be "WHEN WILL".....
It's amazing to see ETH surpass $300 so fast coming from being traded at around $10 just 5 months ago. Some haters continue to cry this is a bubble and the price of ETH will crash and burn any time soon. While the ETH investors and beliethers are fatten up their Ethereum wallet by the hour.
Which camp are you in? Where do you think Ethereum will go from here? Leave a comment and let us know!
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UPDATE
Just two hours after I post this, ETH already beat Bitcoin in volume traded in 24 hours..Let's go ETH!
Jia H
That's no doubt, following you now
good news for the ETH lovers
I should buy eth then..
Yeah I have told my friends to buy at $50, $80, $100+ $200, they all think I was crazy.. now at $300+ they all calling me to ask if they should buy... so weird!
If only i had gotten to crypto a bit earlier. I am 3 weeks old in cryptocurrency man. Sucks!😥😥😥
if you go ask 100 people you know if they know anything about ETH. I bet none of them do. So you are not late, the train hasn't even left the station... BTC was the test run, ETH is bullet train... get on now and hold on to your seat and get ready for the rid of your life. In couple years from now, you will thank me by looking back at this message.. Good luck!
Thank you man. Following you for future posts and update about ETH.👍👌
Thanks for sharing. I'm always learning from others. (Following you now)
Good post. Nice to see I'm not the only one who thinks like this. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. Besides coinmarketcap.com there is: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Check for example: https://www.coincheckup.com/coins/Ethereum#analysis To watch Ethereum Indepth analysis