As already mentioned, the term Flippening is another coinage within the cryptocurrency industry. Back in 2017, it was theorized that Ethereum’s market capitalization will overtake that of Bitcoin’s. As this is the case, the term illustrates the possibility in the future that Ethereum will go on to become the biggest crypto with consideration to market capitalization.
This theory recognizes that whileBitcoin has always been the leading crytocurrency by market capitalization, the crypto’s market dominance had dropped throughout the years. The drop was visible back in the middle part of the year 2017 and the earlier chapters of 2018. Within these periods, a number of Ethereum holders and supporters were actually hoping for the Flippening to take place.