Crypto investor and blogger Lark Davis announced the superiority of Ethereum over Bitcoin in terms of the number of new owners per year.
According to him, at the end of 2022, the number of holders of the second-largest cryptocurrency by capitalization increased by 263%, while digital gold increased by only 20%.
On the evening of January 29, bitcoin quotes came close to the level of $24,000. At the time of writing, the asset is trading at $23,000.
Hourly BTC/USDT chart on Binance exchange. Data: Trading View.
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Ethereum has risen in price after bitcoin to $1650. At the time of writing, the second largest cryptocurrency by capitalization has corrected to the level of $1580.
Hourly chart of ETH/USDT on the Binance exchange. Data: Trading View.
The total market capitalization of cryptocurrencies has fallen below $1.1 trillion, according to CoinGecko.
Recall that in September 2022, a researcher under the nickname ZachXBT accused Davis of repeatedly participating in Pump & Dump schemes.