Hello readers, welcome to 'Cryptopk' Blockchain analysis on the current crypto scenario. Guys, Today I have a question in my mind about the consistency of all altcoins who follow bitcoin price action, either its bullish or bearish. The graph drawn about the last 24 hours shows the same pattern as of bitcoin. Why and when will the time come when major altcoins like giant Ethereum, EOS, TRX (TRON) and others will disintegrate from Bitcoin and shoot above the total market capitalization of the bitcoin. Ethereum shows the potential back in 2017 but again bitcoin is continuously showing the muscles.
Bitcoin halving is ahead in May 2020, and Ethereum 2.0 is expected in July 2020 by the developers. After that, it is to be expected that Ethereum may surpass the total market cap of bitcoin which doesn't have the actual value besides what we have made it so far. the purpose of sending transactions with the minimal fee and anonymously has been solved more efficiently by major altcoins like TRX with the lightning speed of 20,000 Transactions per second and 100 times less fee then the bitcoin. On the other hand, major Altcoins are kept upgrading its blockchain and introducing new features after every Quater of the year. But Bitcoin only expects halving and hard fork and nothing else. This is the major factor behind the rise of Altcoins one day and overtakes Leadership of the blockchain by Ethereum or any powerful blockchain like EOS or TRX. Let me clearly tell you one most important thing, that I am not a financial advisor, so this article is for information purposes only.
I wish every reader out there to prosper in the crypto world and have a good investment in the best gaining project. good luck!
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