USDT has not been this close to ethereum before

[Oshosondy]

Ethereum marketcap as of now is $220.71 billion.
USDT marketcap as of now is $183.58 billion.

Is USDT not gradually getting close? USDT has not been this close to ethereum before.

What do you think about this?

I know ethereum will rise back and go above USDT if it happen but I think this may be indicating something as altcoins may disappoint people at anytime.

[FinneysTrueVision]

Regardless of how people may feel about stablecoins and USDT in particular, they have managed to find product-market fit. One of Ethereum’s primary utilities is being a blockchain for stablecoin transfers. The ETH currency, however, is only necessary for paying gas. I don’t see why anybody would want to use it as a store of value. Ethereum might be a great chain that many people are building on, but it has failed as a currency.

This may finally be the year when ‘the flippening’ comes to pass, it just won’t be in the way ETH maximalists thought it would happen.

[tokeweed]

^  The 'flippening'.  Lolol.  I used love throwing that term around in the speculation section when ETH starts trending up against BTC just to see how the maxis react.    But yeah in case you guys didn't know, Vitalik has been selling his personal stash of ETH and I'm feeling like he also has an unknown stash of BTC that he could also selling rn... 

Vitalik was into BTC before launching ETH and don't forget that he founded Bitcoin Magazine back in the day.    So wouldn't be surprised if he also has a large stack of BTC somewhere.