- got the first-mover advantage because it was the first to market in 2009.
- also has the advantage but only in the smart contract space.
- ETH is starting to see its moment in the spotlight with the DeFi revolution.
Bitcoin is at the top because it started in 2009. Therefore, it was the first to market, and it got the first-mover advantage. However, Ethereum also has its advantage but only in the Ethereum smart contract space.
In addition, Bitcoin has been getting nearly all the press, the memes, and the capital since it started. But with the decentralized finance (DeFi) revolution underway, Ethereum is beginning to see its moment in the spotlight.
While crypto YouTuber says:
For Ethereum to get its starring role apart from bitcoin has to flip it on market cap, and I firmly believe this will happen in this cycle even if it’s only for a day …
This article was first published on coinquora.com
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