Analyst Hopeful From ETH and ATOM
In an interview with the CryptoBusy podcast, cryptocurrency analyst Guy Turner believes that Ethereum will eventually surpass Bitcoin (BTC) and become the largest cryptocurrency by market cap. However, Turner notes that such an event would not be as significant as most people believe.
“I think the important thing about whether Ethereum will overtake Bitcoin in terms of market cap is that it’s not a big deal. I think a lot of maximalists on both sides of the fence tend to be alarmed about it. They have different roles. They do different things, so ETH, BTC “It may or may not pass, but I don’t think it’s a big deal. Personally, given the fact that the Ethereum ecosystem continues to grow and I think how many people will be using it in the future, I think it will probably happen. And it’s going to be one of those things you’re going to use without really realizing it.”
Turner said he expects Ethereum to grow only because of its versatility and constant updating.
“I can see Ethereum just growing. So, it has a lot of market share right now. It’s constantly evolving, constantly finding new things, and we already have this whole Layer 2 ecosystem system built on top of it. I really feel that Ethereum will be the base layer, the base chain. “
Turner also stated that he is closely following the interoperable Blockchain ecosystem Cosmos (ATOM), and said that the altcoin has not yet shown its potential.
“I think ATOM still has a long way to go. I don’t think ATOM has fulfilled its potential in any way as far as I remember in the last bull market.”
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