What Is The Flippening?
The flippening describes the hypothetical situation where Bitcoin’s market cap is overturned by Ethereum.
The term rose to popularity in 2017-2018 by hopeful Ethereum investors after seeing the price of Bitcoin dip to lows not seen for a long time.
Market capitalization defines the value of all coins in the circulating supply against the current price of the token. Since its inception, Bitcoin has been at the top of market caps against all other coins.
Can Ethereum Flip Bitcoin?
Theoretically, Ethereum can flip Bitcoin. Ethereum is the largest smart contracts and dApp platform, although the addition of ERC-20 tokens takes some value of the Ethereum token on its own as value can be stored elsewhere. In 2019, a sort of internal flippening occurred where the number of transactions on Ethereum itself was exceeded by ERC-20 tokens.[1]CoinMarketCap – Flippening
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