Coins referred to as ‘Ethereum Killers’ beat themselves in 2022

From Ethereum to Solidity, those hoping to destroy the smart contract economy failed miserably, and none of them beat Ethereum.

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Many people at the end of 2022 thought that several smart contract platforms would overtake Ethereum, but many also said that it was unlikely to happen.

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At the end of 2022, Ethereum still topped the charts as a smart contract platform, and various so-called ‘Ethereum killers’ began to lose value.

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On Dec 23rd, 2021, the total valuation for smart contract platforms was around $823 billion. ETH at that time represented 59.42% of that value.

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Today, on Dec 30th, 2022, according to the crypto economy report, sees the top coins valued at $239bn and ETH’s market cap close to $144bn.

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It is estimated ETH represents about 60% of the aggregate value of all the smart contract platform tokens listed today.

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Last year, MATIC was 2.67 USD per coin and today it’s at 0.75 USD, which is an ROI loss of 71.91%

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"Ethereum Killers" haven't killed ETH (yet). But ETH has lost a bit of its dominance since December 2021

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At the time, ETH dominance was around 19.5%. Today, it's dominance has dropped to 17.4%.

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