Ethereum (ETH) Set to Outpace Bitcoin (BTC) in Market Cap; Analyst Proposes Scenarios Amid TMS Network’s Projected 20X Returns


As Ethereum (ETH) inches closer to surpassing Bitcoin (BTC) by market cap, analysts map out potential pathways for this much-anticipated “flippening”. An independent cryptocurrency analyst reveals possible timelines using Bitcoin and Ethereum (ETH) domination charts, hinting at the potential pivot in the crypto realm. Meanwhile, TMS Network (TMSN), an emerging cryptocurrency market player, is spotlighted for its expected 20X returns by the year’s end.

Ethereum (ETH) to Eclipse Bitcoin (BTC) in Market Cap? The Four Potential Possiblities

Independent cryptocurrency analyst presents Bitcoin (BTC) and Ethereum (ETH) “domination” charts – the proportion of the overall crypto segment market cap held by these two giants. He marks two trend lines that could delineate the timeline of the eagerly awaited “flippening” within the Ethereum (ETH) community. Should these trends persist, Ethereum (ETH) might surpass Bitcoin (BTC) within the next two to three years, specifically in Q4, 2026.

The trajectories of Bitcoin (BTC) and Ethereum (ETH) market capitalization in relation to the total cryptocurrency segment were studied by Morgan Bennett. Though not particularly a “fan” of technical analysis, he acknowledges the clear trends: Bitcoin’s (BTC) dominance dwindles while Ethereum’s (ETH) grows. As the altcoin market expands, Ethereum (ETH) and Bitcoin (BTC) could account for 23-24% by the “flippening” moment.

Bennett proposes four possible scenarios where Ethereum (ETH) could exceed Bitcoin (BTC) either “gently,” “gradually,” “suddenly,” or both cryptocurrencies could falter due to the fading “Digital Gold” narrative. At the time of writing, Bitcoin (BTC) commands over 46.2% of the cryptocurrency market capitalization, while Ethereum’s (ETH) share surpasses 19.5%. However, this balance may shift in the coming years, signaling a potential shift in the cryptocurrency landscape.

TMS Network’s Remarkable Growth: A 20X Return on the Horizon

TMS Network (TMSN) is emerging as a promising player in the crypto world. It’s versatile characteristics and innovative features provide a distinct advantage for traders, permitting direct derivative trading via cryptocurrencies. Users can conduct transactions by linking their digital wallets to TMS Network while retaining full command over their assets.

Not merely a trading platform, TMSN also presents a lucrative investment opportunity. Token investors can benefit from commissions from the platform’s extensive trading volume, encompassing various assets, including cryptocurrencies, equities, foreign exchange (FX), and contracts for difference (CFDs). The network’s compatibility with MT4 and MT5 platforms enhances its expansive ecosystem, further establishing TMSN’s foothold in the crypto world.

Currently in its presale phase, TMS Network is enticing investors with its token at an attractive price of $0.104, accompanied by a limited-time 50% bonus. Market analysts have expressed a bullish outlook for TMS Network, predicting a meteoric rise in its value to reach $2.20 by the close of 2023. This bold forecast underlines TMS Network’s growing prominence in the market, signifying its potential to impact the blockchain sector substantially.

Join the Presale

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

 

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.





Source link

Previous articleAmazfit GTS 4 Mini Review: Budget Brilliance
Next articleAirTags used to uncover fraud in Turkey relief donations