Ethereum is going to surpass Bitcoin in terms of market cap within this week

in ethereum •  7 years ago  (edited)

With the recent growth in the price of Ethereum, the value of one single Ether has already come close to 400. Everyone is predicting that one day Ethereum will take over Bitcoin as the leader in the cryptocurrency world. So, I have done a little bit math about it.

Screen Shot 2017-06-12 at 10.11.09 pm.png

Having the market caps of ETH and BTC at 36B and 45B respectively at this moment, their different is about 26%. Which means when the price of Ethereum reaches 500, Ethereum would surpass Bitcoin in terms of market cap.

Assuming that the price of Bitcoin remains steady and Ethereum grows at an optimistic rate of 10% daily. It takes Ethereum 2.42 days to achieve the required 26% growth, and that would be the coming Wednesday or Thursday, depending the your timezone.

Let's see whether this prediction would come true or not in these few days and enjoy your gain meanwhile.

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