In spite of Bitcoin occupying the largest market capitalization in Coinmarketcap and others, it is considered the most important currency for investors in general.
However, Ethereum still retains its value and attracts a lot of investors, according to Binance CEO.
Ethereum has risen significantly in the recent period and is the only digital currency other than Bitcoin that has achieved these highs with the decline in the Alts.
- Ethereum Price Now: $744
The CEO of Binance stated that the current absolute market estimate for Ethereum, which is $ 80 billion, is more clear than some of the notable global institutions.
He said the absolute market estimate for BNB is more modest than Ethereum but bigger than Xerox.
CZ posted the links on Twitter as follows:
Ethereum's estimated value is somewhat more apparent than Spotify, GM, Baidu ...
The market estimate for BNB, while still a bit, is more noteworthy than that of Xerox, the organization that developed the latest GUI.
CZ made it clear that Ethereum and BNB both have a wonderful future, subject to the capabilities of Ethereum 2.0 and the new Binance organization.
DeFi projects has received reliable recognition as an optional type of project.
Each of these organizations will in the long run become the home of various DeFi agreements, and in this way the appreciation of their computerized cash forms is expanded.
The cz confirmations come after expanding the absolute market appreciation of Bitcoin and surpassing the market's estimate of "Visa".
Currently, the total estimate for Bitcoin is $ 500 billion, or a large chunk of a trillion dollars.
Bitcoin's full market cap may exceed the consolidated estimates for Visa and MasterCard of $ 822 billion.
For Bitcoin to achieve this value, the cost of Bitcoin must exceed $ 45,000 sooner rather than later.
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