Bitcoin is currently the leader and king of the world of cryptocurrencies, will it ever reach Ethereum or Ripple?
The power of the brand
Stop an ordinary person in the street and ask him about the cryptographic currency, the most likely thing is that Bitcoin comes first. It was the "digital gold" that became the first currency coded with a strong domain and information support, currently its market share is 38 percent.
The total capitalization of Bitcoin is more than 157 billion dollars, and its closest competitors, Ethereum and Ripple, have a capitalization of more than 65 and 32 billion dollars, respectively.
The main advantage of Bitcoin is its finding in the first roles, this coin, for the profane, always embodies the entire cryptocurrency world. No other currency can boast of such an information field.
According to the CEO of Blue Chip Vision, Robert Masters, there is a way in which Ripple and Ethereum can outperform Bitcoin in stock market capitalization. In an interview with Forbes, he said:
"It is possible that XRP and ETH will outperform BTC in market capitalization, but this will happen in the long term, if future protocols are improved with the support of international financial giants."
However, do not expect this event to occur in the near future. Most likely, Bitcoin retains the leading cryptographic currency title, at least for the foreseeable future.
