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Eth May Beat BTC in the Near Future According to Influencer

Published 01/29/2023, 05:36 AM
Updated 01/29/2023, 06:00 AM
© Reuters. Eth May Beat BTC in the Near Future According to Influencer

  • Lark Davis tweeted the 2022 growth in the number of BTC and ETH holders.

  • The number of ETH holders has risen more than 260% in 2022.

  • The 9-weekly EMA is about to cross the 20-weekly EMA on both ETH’s and BTC’s charts.

The crypto influencer, Lark Davis (@TheCryptoLark), tweeted this morning that the number of Ethereum (ETH) holders and the number of Bitcoin (BTC) holders both increased in 2022. In the tweet, the influencer stated that the number of ETH owners had increased by 263%, while the number of BTC owners only increased by 20% – suggesting that ETH is better than BTC.

Although the number of ETH owners increased far more than the number of BTC owners in 2022, BTC attracts more instituional investment that ETH. This was pointed out by the Twitter user, Use your Gray Matter (@DaDeepThinker), who replied to the tweet made by Lark Davis today by stating that “263% kids trading dinos vs 20% corporate investors.”

At press time, the crypto market tracking website CoinMarketCap shows that both BTC and ETH experienced 24-hour price gains. Currently, BTC’s price is up 0.94% to trade at $23,219.69. Meanwhile, ETH’s price is only up 0.06%.

The post Eth May Beat BTC in the Near Future According to Influencer appeared first on Coin Edition.

See original on CoinEdition

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