Flippening : Term used in the cryptocurrency community which refers to the event of another cryptocurrency, specially ETH, taking over Bitcoin's #1 position in market cap. Currently Bitcoin holds the #1 spot when it comes to market cap, price, and volume.
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Flappening : Term coined by Charlie Lee and the Litecoin community to describe the event of LTC moving up and taking over another cryptocurrency in market cap. Charlie Lee appears to have developed an affection for chickens from early-days LTC memes, hence the play on words, flippening/flappening.
The biggest contender for the flippening to occur has been by far Ethereum as it has come very close especially during Bitcoin crashes. While Charlie Lee does not see a flippening ever happening, he does have a bullish stance on the flappening happening this year.
Lee states confidently, moon rocket emotes and all, that LTC will surpass BCH this year. Bcash currently holds the #4 position, with Litecoin trailing close behind at #5. There is an approximate difference of only $7.5 billion between the two. There has even been a website setup dedicated solely on watching how close the flappening is coming to pass Bcash. Flappening.watch
Users can see the current percentage of the flappening occurring based on the metrics of market cap, current price, active addresses, number of transactions, trading volume, mining reward, and average blocktime. There is also a real-time ledger of all LTC transactions as they are happening across all exchanges its listed on.
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