A phrase has developed in the cryptocurrency community to describe a hypothetical scenario where Ethereum overtakes Bitcoin in terms of market capitalisation. This moment is called “the flippening” and many cryptocurrency experts forecast it is an inevitable outcome that will happen in the near future. Bitcoin is currently number one in the world in terms of market capitalisation, with $942billion invested.
Ethereum is number two in the world, with $442billion invested, and surprisingly the Cardano cryptocurrency has recently jumped to third position, with $98billion invested.
Referring to “the flippening”, Will Hamilton, Head of Trading and Research at digital asset management firm TCM Capital spoke to Express.co.uk and said: “It’s my opinion that Ethereum has a very high potential to take over Bitcoin in terms of market cap.”
The crypto expert at TCM Capital added this was because Ethereum’s “monetary policy is now borderline deflationary, with a negative inflation of over 1.4 percent”.
He added: “Post ETH 2.0, we’ll have a very deflationary asset with real…
