Ethereum (ETH) Is The Next Big Cryptocurrency, According To Crypto Analysts
Undoubtedly, Bitcoin (BTC) is the leading cryptocurrency in the market by market cap, as it totals $196,530,959,550 as of the time of this article. However, even though the BTC currently trades at $11,051, after dropping by about 18.5% in the last 24 hours, the crypto analysts are looking at Ethereum (ETH) as the next big cryptocurrency in the market.
“The real FOMO probably starts when Bitcoin (BTC) exceeds $10,000,” stated Tom Lee, a renowned Bitcoin (BTC) bull. “Missed out on $BTC? Ethereum (ETH) is giving you a second chance,” added Alunaut, another famous crypto enthusiasts, a co-founder of Gamified social trading platforms, the so-called Aluna Social.
Well, Tom Lee and Alunaut are not the only crypto analysts who praised Ethereum (ETH) and turned the crypto fans towards the second crypto coin by market cap. “Bleeding Crypto,” another digital coins specialist, also referred to Ethereum (ETH) as the essential cryptocurrency to invest onto, as it might soon considerably surge against the USD.
Crypto Analysts See Ethereum (ETH) As The Next Big Cryptocurrency
“Look at the historical screenshots and see for yourself that ETH has outperformed BTC in ROI year after year,” said “Bleeding Crypto,” as he sustains Ethereum (ETH). Also, he promotes investors to put some money on ETH, as it might, most likely, become a big cryptocurrency in the market, probably, competing with Bitcoin (BTC) on market cap and price against the US Dollar.
At the time of this writing, Ethereum (ETH) trades at a little above $292, experiencing a 16.70% drops in the last 24 hours. On the other hand, Bitcoin (BTC), which jumped above $13,000 mark yesterday, is now at $11,051 against the USD, after shedding about 18.5%.
“Weekly chart looks so good. People can talk pullback all they want, but not much is stopping bitcoin from ripping up to $13k+. After price passes $14,200, there isn’t a lot standing in the way to new all-time highs. I’m not going to try to stand in front of a moving train,” explained another famous crypto analyst, Josh Roger. Apparently, Ethereum (ETH) is going to be the next big cryptocurrency, so let’s keep an eye on it.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.