23 Sep Weiss Ratings: Bitcoin Will Lose 50% of Its Market Share to Ethereum in 5 Years
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Weiss Ratings, a provider of market research and stock analysis on ETFs, mutual funds, cryptocurrency, banks, and insurance companies, made a bold move saying that Ethereum will overtake 50% of Bitcoin’s market share in the next 5 years.
Bitcoin a “One Trick Pony”
Weiss Ratings came out swinging September 18, making a bold prediction that Bitcoin (BTC) 00 will lose half of its market share to Ethereum (ETH) 00 within five years.
Furthermore, the research provider referred to the world’s first and foremost cryptocurrency as a “one-trick pony”, arguing that Ethereum has superior blockchain technology and that the limit of its application is “sky itself.”
#Bitcoin will lose 50% of its #cryptocurrency market share to #ETH within 5 years, due to it offering more uses and being backed with superior #blockchain technology. We completely agree – unlike #BTC, which is a one-trick pony, the limit of ETH’s application is sky itself.
— Weiss Ratings (@WeissRatings) Source link