22 May could ETH outperform BTC in 2020?
The native cryptocurrency of the Ethereum network, Ether (ETH), needs no introduction. Being the second-most-popular digital currency after bitcoin (BTC), it can boast of a huge fan base and growing interest from modern investors.
However, 2019 was a rather disappointing year for those holding ETH. Even though it peaked at $351 in June, the coin surprised investors with its price going down from $136.55 on January 1 to $132.610 on December 31.
On the positive side, even after going through many hardships like a hard fork, criticism of the community and the emergence of competitive projects, ETH is still strong enough to stay the second-largest cryptocurrency by market cap. Besides, in recent weeks, Ether has posted higher lows when compared to its peer BTC.
With much-awaited Proof-of-Stake transition standing right around the corner, Ethereum price speculation may seem like a quite lucrative activity to savvy crypto traders. Do you also want to profit from the coin’s future…