Economy

Bitcoin may be overthrown “eventually” by Ethereum

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Gradually, cryptocurrencies began to appreciate, trying to achieve the values ​​of the past. After a very difficult period, major digital currencies are showing signs of recovery again, and we look to the future with high expectations.

Experts believe that among the most popular coins, Ethereum may even surpass Bitcoin.


Ethereum may turn out to be the most valuable currency in the world ...

The world of cryptocurrencies remains unknown and subject to many fluctuations. Bitcoin remains the most popular and most valuable currency, but experts believe the picture may change.

Eternal rival Ethereum is on the rise, gaining over 22% over the past week.

analysts Cointelegraph We believe that the Ethereum cryptocurrency will grow significantly by the end of the year. Todd Morley, co-founder of Guggenheim Partners, considers this cryptocurrency to be much more useful than Bitcoin and could outperform this cryptocurrency in the long term. Besides Ethereum is much more useful thanks to smart contracts. Technologies based on this technology have grown 20 times over the past six years in a row.

Regarding NFTs (Non-Fungible Tokens), Todd Morley believes they have become another trump card in Ethereum's blockchain technology.

Please note that Ethereum is a platform based on Blockchain technology and Ether (also called Ethereum) is the cryptocurrency that the platform runs on. Bitcoin and ether differ primarily in their purpose. Bitcoin was created as an alternative payment method that could theoretically replace the current financial system one day.

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