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ETH market cap now at 48% of BTC market cap .. and rising

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Less than a month ago, I wrote about how ETH has been slowly eroding BTCs market cap lead to stand above 44%:

https://www.reddit.com/r/CryptoCurrency/comments/qmj68x/eth_market_cap_closing_in_on_50_of_btc_market_cap/

Since then, ETH has managed to gain almost another 4% to secure a market cap equivalent to 47.95% of BTC.

That means the 50% mark is almost guaranteed to be passed before January 2022, possibly even before Christmas if ETH has a good run.

More importantly, at the current rate of growth of circa 2-4% per month, it will only take around 3-4 years for ETH to flip the market cap of BTC and take the #1 spot.

Mid to late 2025 is likely the earliest it could occur, but unless something changes dramatically ETH will almost certainly flip BTC this side of 2030.

Given that BTC is almost certainly going to be worth north of $200,000 by the late 2020s, that means we're going to be seeing some ridiculous numbers as the overall market cap of crypto grows exponentially with true mass adoption.

But let's be conservative ... and assume the market cap of crypto is 'only' $20-25T by 2030. That would likely mean:

ETH at $300,000 ...

BTC at $250,000 ...

BNB at $2,500 ...

LRC at $50 ...

CRO at $25 ...

(High as they seem right now, those numbers are actually very conservative)

submitted by /u/sandygws
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