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Topic: Can new crypto beat Eth in the market? - page 21. (Read 10734 times)

sr. member
Activity: 1596
Merit: 335
August 25, 2020, 02:40:13 AM
#40
Short term period, No. However, the market is difficult to speculate and there are even new projects coming out that show a lot of potentials that could possibly replace those who are currently at the top. We never know what could possibly happen in the market and what innovation or  services can developers create.
member
Activity: 224
Merit: 28
August 25, 2020, 02:35:33 AM
#39
It's possible, I know that 95% of new projects are a complete joke and time wasters but still we have seen promising projects so far, avalanche (AVAX) came along, even DIA and DeFi projects too, nothing is impossible in this space that's certain, Ethereum can lose its second position some day
member
Activity: 336
Merit: 10
August 25, 2020, 02:28:15 AM
#38
Its piece a cake nowadays
Nothing impossible now even bitcoin already beat by new coin
We all know yearn finance (yfi)
But the ethereum ecosystem still much can do to grow and we all wait for the ethereum 2.0 move with all the defi project that using ethereum blockchain will make ethereum much stronger and go to the moon as soon as possible
And ethereum just get higher the standard for alt coin to achieve
And make all the founder to think more hard to beat ethereum
sr. member
Activity: 602
Merit: 253
August 24, 2020, 10:23:39 PM
#37
It's not impossible but it's not that easy either. Ethereum has been in second place for a long time but it's still hard to surpass it since then. Not that there's no chance or no other worthy competitor. But that doesn't mean another alt cannot move above the rank. It might be hard for a new coin, but a good coin with a solid background might do the the job but it's going to take a lot of hardwork. We've seen another alts moving up to the mighty rank 10, so there's a chance of them to aim more.
full member
Activity: 1204
Merit: 102
August 24, 2020, 10:13:36 PM
#36
new coins beat ETH ?. I don't think so. EOS, Tron, XLM, Waves have all tried to compete with ethereum but nothing has beaten this coin in any way. so even in the future I think it's still impossible. ethereum is strong even when she's in a bad state. and soon ethereum 2.0 will be launched, this will strengthen the position of this coin as the second largest crypto after bitcoin.
copper member
Activity: 966
Merit: 5
August 24, 2020, 06:54:07 PM
#35

First and foremost, Yobit isn't a top exchange, I doubt if the same can be said about IDEX. However, Binance is a top exchange as well as others such as OKEx, Huobi and so on not Yobit.
Secondly, it is better to accept the fact that there is currently no coin which have the capability to beat Ethereum in whatever terms; major cryptocurrencies which has been around for years have not been able to achieve that feat let alone new cryptocurrencies of which majority of them can't be trusted. Thus, it's better to accept the fact that ETH isn't loosing that position anytime soon.
sr. member
Activity: 2422
Merit: 357
August 24, 2020, 06:25:57 PM
#34
Ethereum has always been in the top position and it has been 4 years,
there is only 1 rival in my opinion that can overtake Ethereum in second place, yes thats Ripple
Despite of DeFi growth this year, I still believe that they can’t beat ETH on top because most of them uses ETH platform to do business and that makes ETH more especial. I remember when XRP takes over the top 2 place but it didn’t last longer simply because ETH will always do its best to remain on top, and its current price growth tells everything.
full member
Activity: 1848
Merit: 158
August 24, 2020, 06:22:39 PM
#33
There's high chances of seeing such happen. We have currently seen a project that supersed BTC lately so I wouldn't be surprised or argued in that aspect. Any coin can super ETH without looking back. It's all about team and plans of growth but let's watch and see how it goes but the market is crazy so anything can happen.
Price and market cap are two completely different things. Launch a coin with 1 total supply and see how astronomical its price could get.

Chances aren't high, I'd say. Considering the number of ETH tokens, I would have to guess there needs to be a large bubble pop in the shitcoins balloon in order for it to also fall. There's also a psychological thing that many may not see. We're used to seeing ETH, XRP and BTC at the top. If another coin gets up there, it might emotionally disrupt the markets for a while.

If someone is only looking at the price, then he is making wrong conclusion in the market. Because a project can have very low supply and beat the price level of eth but have you looked at the market cap? So yeah, price and market cap are 2 different things and they should both be considered when comparing alts. How about its overall impact in the community? The applications?

A new project has always the chance to beat eth or bitcoin, as we are living in a world full of surprises. And as we continue to advance in technology, there's always the possibility that someone can create the game changer in the market. But they need to surpass the achievements of these top projects before they can claim their position in the market.
hero member
Activity: 3080
Merit: 603
August 24, 2020, 06:19:16 PM
#32
Yes. I remember the time when XRP took the place of ETH, I think that was early this year. But it didn't take a long time because it just happened within minutes. The Crypto market is volatile so it's very likely.
What that means is that there can be billions of dollars that be wiped within an hour for Eth or other cryptocurrencies and be transferred to another which will add a market cap to the cryptos that are near to its rank.
sr. member
Activity: 2436
Merit: 272
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August 24, 2020, 06:18:09 PM
#31
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?
Kind of stupid question! Tongue

A project team set any price for their projects but when it hit on the exchanges it gets the real value but in short term it is going to hit zero so never compare shit coins with ethereum and in terms of coinmarket cap value no shit coins is going to replace its place for atleast next few years.
sr. member
Activity: 910
Merit: 267
Vave.com - Crypto Casino
August 24, 2020, 06:17:23 PM
#30
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?

Overtake ETH in terms of price value or you meant market cap? I think there is a mix up with your question. However, it's very possible for a new cryptocurrency to replace ETH in terms of mcap, will be extremely difficult anyway and needs time for the mcap to surpass ETH. XRP (which is not a new coin) once did that, however it was short-lived.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
August 24, 2020, 06:17:05 PM
#29
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?

of course, its possible, but not this time, maybe in the future, because now ethereum still become the best altcoins
but remember, the new crypto must bring something such as great features rather than ethereum or others
legendary
Activity: 1134
Merit: 1598
August 24, 2020, 06:13:43 PM
#28
There's high chances of seeing such happen. We have currently seen a project that supersed BTC lately so I wouldn't be surprised or argued in that aspect. Any coin can super ETH without looking back. It's all about team and plans of growth but let's watch and see how it goes but the market is crazy so anything can happen.
Price and market cap are two completely different things. Launch a coin with 1 total supply and see how astronomical its price could get.

Edit: here you go

Chances aren't high, I'd say. Considering the number of ETH tokens, I would have to guess there needs to be a large bubble pop in the shitcoins balloon in order for it to also fall. There's also a psychological thing that many may not see. We're used to seeing ETH, XRP and BTC at the top. If another coin gets up there, it might emotionally disrupt the markets for a while.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
August 24, 2020, 06:05:07 PM
#27
There's high chances of seeing such happen. We have currently seen a project that supersed BTC lately so I wouldn't be surprised or argued in that aspect. Any coin can super ETH without looking back. It's all about team and plans of growth but let's watch and see how it goes but the market is crazy so anything can happen.
hero member
Activity: 2856
Merit: 667
August 24, 2020, 05:57:34 PM
#26
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 possibility is always present, but the question is, how possible it is. If you are talking of  Yobit and lDex where this new coin/token are listed, then I guess there's a little chance that it would beat ETH as ETH is listed in different exchanges, big and small that's why it's liquidity is good.

When team decide to make their project, they always aim to succeed and they aim high to beat whatever coins in the top of the list, but it doesn't mean they can easily surpass the success of other coins especially ETH which has been consistent on its position for a long period of time already.
full member
Activity: 1190
Merit: 117
August 24, 2020, 05:42:56 PM
#25
If in the short term it is possible for new crypto to beat ETH in the market, provided that the new crypto is big hype.
But in the long term it is impossible for new crypto to beat ETH, because ETH's fundamentals are already too strong.
Only Bitcoin has until now been able to beat ETH. Other crypto still can't beat ETH, especially until now not a single
altcoins can replace ETH as the top 2 ranking in the market.
hero member
Activity: 2436
Merit: 516
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August 24, 2020, 05:00:00 PM
#24
Ethereum has always been in the top position and it has been 4 years,
there is only 1 rival in my opinion that can overtake Ethereum in second place, yes thats Ripple
Ripple is the wrong pick as ethereum competitor. I does not have the same use case and over the year has not shown such remarkable development to predict a competitors position with Ethereum. Ripple seem to have a team that has not shown that convincing integrity with token management in past year. Ethereum value is more than 3.5x of XRP, now access to fund as the team so such coin keep it attractive to whales both old and new
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
August 24, 2020, 04:52:55 PM
#23
Ethereum network is growing and being adopted everyday. It is coming up with advanced scalability solutions and massive transformation to pos algorithm which will take the demand to the skies and the price will surge multifold in coming months so competeing such strong coin that is fundamentally amd technically placed at the ideal position is like day dreaming and nothing else.
member
Activity: 1008
Merit: 12
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August 24, 2020, 04:47:25 PM
#22
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?
In terms of price yes that is possible and already you can check many projects with more token price than eth but in terms of rank and market cap i do not think that any coin can make it bigger than eth and then sustain it, few years ago ripple did that for a short while but then gone back down and with the extended ecosystem i think ethereum will move far ahead in coming years.
legendary
Activity: 1834
Merit: 1492
August 24, 2020, 04:29:51 PM
#21
it could but in a very long time other than that to be able to beat ethereum The new crypto must have good potential in terms of always positive developments and enthusiasts are high on every exchangers

In my opinion, a new crypto cannot beat Ethereum, as its market value reached 45 billion and companies and large projects use the Ethereum platform and its distributed applications and It is in continuous developments and partnerships, The competition with this token will be very difficult and almost impossible, but perhaps in the future we will see competing good tokens reach some of the popularity of Ethereum.
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