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Crypto analyst Morgan 'Mo' Bennett shares his views on four possible scenarios of hypothetical 'flippening' in 2025-2026

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Independent cryptocurrency analyst shared the charts of Bitcoin (BTC) and Ethereum (ETH) "domination," i.e., the percentage of net crypto segment market cap. He indicated two trend lines that may display the timeline of "flippening" much-anticipated by the Ethereum (ETH) community.

Morgan Bennett tracked the dynamics of the share of Bitcoin (BTC) and Ethereum (ETH) market capitalization compared to the entire cryptocurrencies segment. Although he cannot call himself a "fan" of technical analysis, he is sure that two trends are obvious: Bitcoin's (BTC) domination shrinks while the Ethereum (ETH) one grows.

Should both trend lines be valid, the "flippening" might happen in the next two or three years. On the chart by Bennett, it takes place in Q4, 2026. Thanks to the growing size of the altcoin market, both cryptocurrencies will be responsible for 23-24% by the moment of "flippening."

Ethereum (ETH) can surpass Bitcoin (BTC) "gently," "gradually," "suddenly" or both cryptocurrencies can fall victim to the "Digital Gold" narrative disappearing.

By press time, Bitcoin (BTC), the largest cryptocurrency, is in charge of over 46.2% of cryptocurrency market capitalization, while Ethereum's (ETH) share exceeds 19.5%. The third largest cryptocurrency, the U.S. Dollar Tether (USDT) stablecoin, totals 7.36% of net crypto market cap.

Bitcoin (BTC) and Ethereum (ETH), two largest cryptocurrencies, were at the closest point to "flippening" six years ago, in mid-June 2017. Bitcoin (BTC) was in charge of 37% of the market, and Ethereum's (ETH) capitalization comprised 32%.

By contrast, in September 2019, Bitcoin's (BTC) market cap was 10x larger than that of Ethereum (ETH) since the latter was much more affected by the Crypto Winter of 2018-2020.

The followers of Bennett agreed with his calculations. However, some of them stressed that they are tired of "flippening" narratives that have been discussed here and there since the launch of Ethereum (ETH) in June 2015.

Prominent DeFi analyst and influencerChris Blec, author of the Blec Report project, says that in general, Bitcoin (BTC) has all chances of being surpassed by Ethereum (ETH), but the accuracy of the aforementioned model should not be overestimated:

Bennett agreed with this point of view, but added that it is impossible to find a function that does not predict the flippening even if Ethereum's (ETH) dominance at the start was considered 0.

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Ethereum (ETH) Might Finally Surpass Bitcoin (BTC) by Market Cap, Analyst Displays Four Scenarios - U.Today

Ethereum struggled to erase losses from the SECs enforcement action on two of the largest crypto exchanges in the ecosystem, Binance and Coinbase. The altcoins price climbed back above the key $1,800 level; ETH is trading at $1,877 at the time of writing.

While mainstream cryptocurrencies took a hit after the US financial regulators actions, Layer 2 tokens, Optimism (OP), Arbitrum (ARB) and Immutable X (IMX) yielded gains for holders. The price rallies in Layer 2 tokens are likely a spillover effect of decentralized exchanges popularity after the legal woes faced by Binance and Coinbase.

Ethereum networks largest scaling solution, MATIC, wiped out its gains from the past week in response to the US Securities & Exchange Commissions (SEC) crackdown on the token. The SEC deemed MATIC a security in its lawsuit against both crypto exchanges Binance and Coinbase.

MATIC whales are shedding their holdings of the Layer 2 tokens and the selling pressure on Polygons native crypto is climbing across crypto exchange platforms. This could result in further losses for MATIC holders in the short term.

Coinbase is still reeling from the bearishness of the last two days as its stock attempts to recover. But as the worlds second-biggest cryptocurrency exchange bounces back, it seems to have found a way to bring the Securities and Exchange Commission (SEC) to answer some crucial questions it has been avoiding for a year now.

The Chief Executive Officer (CEO) of Coinbase, Paul Grewal, tweeted on June 6 that the Third Circuit issued a short order in Coinbases mandamus action today. The court brought the order forward following the SECs announcement of filing a lawsuit against Coinbase for violating Securities laws.

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Cryptocurrencies Price Prediction: Ethereum, MATIC European Wrap 7 June - FXStreet

While Litecoin (LTC) halving has grabbed headlines, renowned analyst Michal van de Poppe has predicted that both Litecoin and Ethereum (ETH) are on the verge of igniting breakout rallies, setting the stage for potentially substantial price increases.

In a report, Van de Poppe expressed the belief that Litecoins halving narrative could propel the peer-to-peer payments network to a level last witnessed in December 2021. His statement indicates his belief that Litecoin has the potential to revisit or even surpass this level.

According to the update, the analyst predicted that the halving event will occur in August, and drive the price of Litecoin to new heights, with targets ranging from $100 to $180 per LTC. Meanwhile, LTC is currently trading at $93.39, with a slight decrease in the last 24 hours.

The analysts proposed timeline aligns with the four-year cycle of Litecoins halvings. Historically, these events have generated increased attention and investor interest, leading to subsequent price rallies.

Van de Poppes optimism may have been fueled by the belief that the reduced supply, coupled with increased demand, will create a scarcity that could drive up prices in the market. Also, the halving event often generates increased media attention and investor interest, leading to broader acceptance.

Notably, Litecoin has emerged as one of the markets most prominent cryptocurrencies. Known for its quick transaction speeds and cheaper fees when compared to Bitcoin, Litecoin has a large following and is seen as a trustworthy alternative to its more well-known rival.

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Overall, Van de Poppes optimistic view on Litecoins halving narrative aligns with the positive sentiment surrounding the event. If history is any indication, Litecoin could witness a price surge following its halving.

In addition, Ethereum has been steadily making waves in the crypto ecosystem. Van de Poppe also suggests that Ethereum has the opportunity to surpass its immediate resistance level, provided it maintains a trading price above $1,800.

Furthermore, the analyst highlighted that Ethereum has the potential to accelerate toward $2,800 if it surpasses the resistance level of around $1,903 and maintains a price above $1,800. Meanwhile, Ethereum is currently trading at $1,806.02, atop a 1.98% decrease over the past 24 hours.

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Ethereum, the second-largest crypto by market capitalization, has been gaining momentum due to its continued growth in Decentralized Finance (DeFi) and the rise of Non-Fungible Tokens (NFTs).

The Ethereum blockchains ability to support smart contracts and DApps has attracted developers and users, propelling its ecosystem and market capitalization. With ongoing upgrades like Ethereum 2.0, addressing scalability concerns and enhancing performance, Ethereums breakout potential seems promising.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

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Litecoin's Halving Hype and Ethereum's Breakout Potential: Analyst ... - Crypto News Flash

Its no secret that the world of cryptocurrency is full of excitement, volatility, and unpredictability. One trend that has been making serious waves recently is the rise of meme coins. Born out of pop culture references and internet memes, these tokens have seen significant growth in popularity. Today, were focusing on the Ethereum Network, home to a variety of these budding crypto sensations. Here are the top five meme coin presales that you should keep an eye on right now.

Topping our list is Hollywood X PEPE, a uniquely entertaining meme coin inspired by the widely loved PEPE meme. This token is making significant noise in the market due to its upcoming pre-sale. The creators of Hollywood X PEPE have devised an innovative approach by melding the charm of Hollywoods entertainment industry with the free-spirited vibe of meme culture. Its implementation on the Ethereum blockchain adds a level of security, reliability, and potential for decentralized application (dApp) development, making it a promising choice for both meme coin enthusiasts and crypto traders.

Hollywood X PEPE $HXPE Token $PEPE goes to Hollywood & becomes a star. YouTube

Hot on the heels of Hollywood X PEPE is AiDoge, a token that is taking the dog-themed meme coin community by storm. AiDoge is creating an ecosystem that combines AI technology with the power of blockchain. It aims to provide a comprehensive DeFi experience with a playful twist. This projects upcoming pre-sale offers the possibility of grabbing an early slice of the AiDoge pie. Its appealing blend of AI functionality and meme-coin charm positions it as a strong contender in the current market.

Next on the list is Mooky Coin. Mooky Coin has carved out its niche by building an inclusive community around its token. Mooky Coins pre-sale offers an early entry into this burgeoning community. Backed by the Ethereum Network, it aims to deliver a unique DeFi experience with the added advantage of being part of a vibrant, dedicated meme coin community.

Fourth on the list, PikaMoon is another meme coin that has been gaining traction rapidly. Inspired by the much-adored Pokmon franchise, PikaMoon seeks to blend the worlds of digital trading and gaming. Its pre-sale represents a golden opportunity to join this unique project at an early stage. As it stands, PikaMoon is a rare find in the Ethereum Network, fusing gaming nostalgia with the cutting-edge world of cryptocurrency.

Rounding out our top five list is YPred, a meme coin that has built its identity around the mystery and excitement of prediction markets. YPred aims to add a layer of entertainment and engagement to the serious world of financial forecasting. The pre-sale of YPred offers a thrilling opportunity for prospective crypto enthusiasts and traders to buy into this fresh and innovative concept.

The world of meme coins offers a lighter, more whimsical side to the oftentimes complex and technical landscape of cryptocurrency. These five meme coin presales on the Ethereum Network are leading the pack in this exciting frontier. Remember, investing in cryptocurrency, including meme coins, carries risk. Make sure to do your own thorough research and consider your financial situation before making any investment.

Happy trading, and may the memes be ever in your favor!

Official Hollywood X PEPE Links | Linktree

Hollywood X PEPE Token | $HXPE Pre-sale is Live

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The Top 5 Meme Coin Presales on the Ethereum Network - Analytics Insight

Outlook Money

The global cryptocurrency market cap was at $1.1 trillion on Thursday afternoon, down by 1.83 per cent. Bitcoin was the most trending cryptocurrency, while Stacks STX was the top gainer and Kava KAVA was the top loser

Updated: 08 Jun 2023 2:36 pm

The global cryptocurrency market cap was at $1.1 trillion on Thursday afternoon, down by 1.83 percent in the past 24 hours, while the total trading volume was at $37.01 billion, down by 21.22 percent.

Bitcoin was the most trending cryptocurrency for the second day, down by 1.53 per cent to$26,481.62 from the previous day. Its 24-hour trading volume was $17.322 billion.

Stacks STX was the top gainer, up by 4.43 per cent to $0.6551 over the previous day. Its 24-hourtrading volume was $282.09 million. Kava KAVA was the top loser, down by 18.97 per cent to$0.9445. Its 24-hour trading volume was $84.19 million.

DeFi fell 7.12 per cent to 2.65 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoins price fell by 1.53 per cent to $26,481.62. Its 24-hour trading volume was $17.322billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoins marketdominance was at 46.59 per cent, up by 0.17 per cent over the last 24 hours.

Ethereum: Ethereums price fell by 1.86 per cent to $1,843.27 over the previous day. Its 24-hourtrading volume was $7.20 billion.

Tether: Tether fell by 0.02 per cent to $0.9999 in the last 24 hours. Tethers 24-hour trading volumewas $25.51 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solanas (SOL) price fell by 6.85 per cent to $18.68 in the last 24 hours. Its 24-hour trading volumewas $405.74 million.

Avalanche was trading at $13.92, down by 4.58 per cent, while its 24-hour trading volume was at$143.74 million.

Cardano (ADA) fell by 4.22 per cent to $0.3277. It is ranked seventh, with a 24-hour trading volume of$398.93 million.

Meme Coins

Dogecoin (DOGE) gained 2.44 per cent, with a 24-hour price of $0.0678.

Shiba Inu was down by 1.36 per cent to $0.000007953.

Decentralised Finance

DeFi coin was trading at $0.01012, same as yesterday.

Yearn.Finance was down by 1.61 per cent to $6,029.81 in the last 24 hours, while its 24-hour tradingvolume was $12.28 million.

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Crypto Price Update: Bitcoin Down 1.53%, Ethereum Down 1.86% - Outlook India