Flippening

Flippening refers to a hypothetical event in the Cryptocurrency world where a lesser-known Cryptocurrency overtakes a more dominant one in terms of Market Capitalization, usage, or overall influence.

Examples include:

• Ethereum vs. Bitcoin: The term gained popularity during discussions about Ethereum potentially surpassing Bitcoin’s market cap, especially during periods of significant growth for Ethereum.
• Cardano vs. Ethereum: In 2021, there were speculations about Cardano challenging Ethereum’s position, particularly as it rolled out smart contract capabilities.

Cases:

• In late 2017, Bitcoin Cash experienced a brief surge in market cap, leading some to discuss a potential flippening of Bitcoin.
• In 2021, discussions arose around Solana and its rapid price increase, suggesting it could challenge Ethereum’s position.