The Battle for Supremacy: DigiHorse vs Bitcoin-Ethereum
For years, Bitcoin and Ethereum have been the dominant crypto currencies from which other tokens draw strength. However, with the evolution of blockchain technology and increasing interest in niche markets, new contenders are emerging. For instance, DigiHorse (DIGI) – a blockchain-based platform that merges the thrill of digital games (horse racing, specifically) with the advantages of decentralized finance (DeFi). This article explores the unique features of DigiHorse and compares its potential against the well-established giants, Bitcoin and Ethereum.
Bitcoin serves primarily as a digital currency and store of value, leading to many crowning it as the ‘digital gold’. Its limited supply of 21 million coins creates scarcity, which, combined with increasing institutional interest and adoption, has positioned Bitcoin as a leader in the crypto market.
Although the coin has tumbled more than 3% for the worst days in this month, analysts foresee a bullish pump from assessing one of the trading indicators which has reached the tightest point. The last time this happened, the coin pumped 20% in 4 months.
Ethereum (ETH) has established itself as the foundation for many DeFi projects and non-fungible tokens (NFTs). Ethereum’s transition to proof-of-stake with the Ethereum 2.0 upgrade aims to address scalability and energy efficiency issues, further solidifying its position in the crypto ecosystem. In 9 years, it has accumulated 7.15 million from $415 market capitalization and although its market is slightly bearish due to shift in focus on Spot ETFs, analysts believe that is a great sign for a strong comeback like its counterpart, Bitcoin.
One reason attributed to the rise of Bitcoin and Ethereum is their pioneer status and
