Can new crypto beat Eth in the market? - page 17.

maximumcoin

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Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

The price may be more but in terms of capitalization and community, no new cryptos can overcome ETH at least 2 years aways. Like YFI , its price now is about 15k, higher than Bitcoin but we cann't compare it with Bitcoin about everthing.

thetimetravelerz

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Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

It feel it depends upon the crypto project and what it is trying to achieve.
IF the project is good it would get suppport and gain in market cap.
Beating ETH is not easy though what is the need. Every project is special and different

lienfaye

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New crypto? I dont think so.

Most of new coins are just existing because of hype or to scam the investors. Its hard to find a new coin that has real use case and can solve real problem.

Nevertheless there's a possibility to beat eth but I think not for now.

ancafe

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I doubt that. in fact, no matter how good the project is, I doubt that the new coin can beat ethereum for now. Well, there have been quite a few projects trying to replace ethereum's position for now, but they don't work, even for old coins, it's quite difficult. it's just that, for a coin like Libra which has great support, it could probably become a rival to ethereum.

inanilujimi

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New crypto that can surpass ETH is impossible for me personally.
for now most new project owners just want to make money fast and they just make projects that have already existed and don't have a better idea than ETH.

jdnthny

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I have no doubt that it is really possible for a new crypto to beat ethereum coin but I think for them to beat the top highest ranking altcoin they should exceed the achievements that ethereum already have. Also I think they should have many years of experience in the crypto world before they can beat a giant in the cryptoworld.

chikading2016

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I think ethereum is really hard to beat specially if we talk about new crypto new crypto needs to gain trust first before it rise, while ethereum already have the trust an the confidence and so many people already used it for a long time that is why i we talk about beating ethereum with a new crypto for me ethereum is hard to beat.

kawetsriyanto

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Quote from: aqib180 on August 24, 2020, 11:19:47 AM

~Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

If we are talking about the price, yes it is possible to happen. There are some altcoins which have more expensive prices than ETH. But if we view it from "market caps" or the rank on coinmarketcap, I think it will be difficult for new crypto coins to overtake ETH. The gaps will be very far, new coins may need some years to grow and it cannot guarantee to overtake ETH. You know, even Ripple or other top altcoins, cannot overtake ETH now.

FontSeli

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Quote from: ?? on ??

Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

If ETH has not been able to deal with the expensive transaction fees, there may be other options for new cryptos, but I am not sure to see a new crypto replacing ETH, but I think BNB is more worthy of replacing ETH, unfortunately BNB is only being promoted for people who hold BNB , never used to be promoted to all communities so they lack community

However, even I have seen many projects over the years that set a goal to replace and overtake ETH. For example, the EOS focused on high-speed transactions. The developers of this coin raised a lot of money for the implementation of their project. However, EOS has not become more popular than Ethereum. If with such huge money it was not possible to overtake ETH, what can we say about new projects with difficulty attracting 10 million dollars?

Pamadar

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Quote from: forexandcryptoauditor on August 26, 2020, 03:34:23 PM

If we look at the market capitalization, ETH is 3 times ahead of Ripple. To beat the ETH ripple price should increase more than 3 times. But with this situation, ETH may also increase to some extent. So in terms of market cap, nothing ca beat ETH in the near future.

We don't know what future will offer to this market. But basing from the current status is indeed far from the coin coming next to him, XRP needs that flowing money to dethrone again ETH or if there's another project they needed a lots of money.
And aside from that ETH are continuously moving forward it's popularity and usage are getting bigger from time to time.

minatour

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Nothing is impossible as nobody can predict the future of cryptocurrency market, Truly Ethereum is a very good project with strong team but I believe very soon, there will be altcoins that will overrule ethereum, it may not comes easily but it will surely happen sooner.

key4co.in

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Quote from: forexandcryptoauditor on August 26, 2020, 03:34:23 PM

If we look at the market capitalization, ETH is 3 times ahead of Ripple. To beat the ETH ripple price should increase more than 3 times. But with this situation, ETH may also increase to some extent. So in terms of market cap, nothing ca beat ETH in the near future.

Don't say "nothing can" beat ETH in the near future in terms of market cap, better you say it "won't be easy" for any altcoin to surpass ETH's market cap in near future. Nobody can predict what happens next in crypto in future. Well I'm optimistic that ETH will maintain its second position due to its relevance in this space.

Mahanton

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Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

It had already been overtaken by XRP for how many times as far as i remember but that one didnt last out that long and ETH do able to reclaim its spot.
https://cointelegraph.com/news/ripple-briefly-overtakes-ethereum-again-to-become-largest-altcoin-by-market-cap
If that thing do happen then we can really presume out that it can really happen again not only just for ETH itself but also with BTC as well.
Nothing do last forever or do remain into its spot but we can somewhat assure that they would really remain for that long considering into their community support or on how big it is.

Danslip

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Quote from: adzino on August 26, 2020, 03:14:28 PM

Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

All those "tokens" you are seeing will die eventually. I doubt any of the existing coins/tokens will be able to take over ETH. The new coins/tokens/projects that pop are just some shit projects/coins that are here to scam people.
We can never know if a new coin take over ETH. Perhaps if such a coin is created that solves almost all existing problems of ETH, maybe that can take over ETH in price value.

I am sure you have never heard about the Polkadot project which is the biggest competitor to the ETH blockchain. The latest rumors about getting listed on Kraken and the acceptance of Binance make it the unbeatable in this competition. All necessary details have been designed to stay longer than other alternatives, so finding this kind of gem altcoins requires a lot of research before it gets discovered by other investors.

forexandcryptoauditor

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If we look at the market capitalization, ETH is 3 times ahead of Ripple. To beat the ETH ripple price should increase more than 3 times. But with this situation, ETH may also increase to some extent. So in terms of market cap, nothing ca beat ETH in the near future.

qazgroup

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Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

It is next to impossible at the moment because with eth rebranding and big upgrades coming it will again become the best in its class and all other copy cats and competitors will stay way behind, I am sure Eth will grow huge in demand and value with all these upgrades so november december this year can be big for eth.

adzino

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Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

All those "tokens" you are seeing will die eventually. I doubt any of the existing coins/tokens will be able to take over ETH. The new coins/tokens/projects that pop are just some shit projects/coins that are here to scam people.
We can never know if a new coin take over ETH. Perhaps if such a coin is created that solves almost all existing problems of ETH, maybe that can take over ETH in price value.

Bossfidelity

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The cryptocurrency industry is open to every prospect. We all have the same opportunity to explore and make a name for ourselves, just like Satoshi Nakomoto or Vitalik, what is required is just our imagination. Ethereum which is the second most popular coin, was the brain child of Vitalik who wanted to give everyone an opportunity to create smart contracts and with the initiative, he's one of the fore runners in the cryptocurrency space. Every project has the potential to do much more, if they can bring their ideas to reality.

pikkie

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Quote from: wmaurik on August 26, 2020, 01:01:56 PM

It is very difficult to beat ethereum, especially at this time DeFi project mostly still uses the ethereum blockchain so this makes ethereum invincible, but there is one project that might beat ethereum, Polkadot because DeFi project that uses Polkadot has a pretty terrible performance and also has a volume that is not inferior. with a project that uses the ethereum blockchain, but the chances of polkadot beating ethereum are very small.

I think there are already several coins that can beat the price of ethereum such as new coins that have very little supply which ultimately makes the price very expensive, for example, YFI, PAXG and MAKR which have proven to be able to beat ethereum prices on exchanges.

wmaurik

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It is very difficult to beat ethereum, especially at this time DeFi project mostly still uses the ethereum blockchain so this makes ethereum invincible, but there is one project that might beat ethereum, Polkadot because DeFi project that uses Polkadot has a pretty terrible performance and also has a volume that is not inferior. with a project that uses the ethereum blockchain, but the chances of polkadot beating ethereum are very small.

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