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Flappening

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Flappening is a term coined by Charlie Lee, the creator of Litecoin (LTC), to describe the event when Litecoin surpassed Bitcoin Cash (BCH) in market capitalization. This term is a humorous twist on "Flippening," which is the anticipated event where Ethereum (ETH) might surpass Bitcoin (BTC) in market cap. Market capitalization, in simple terms, is the total value of a cryptocurrency, calculated by multiplying its circulating supply by the current market price.

The Flappening officially took place on December 14, 2018, when Litecoin's market value surpassed that of Bitcoin Cash. Since then, the term has been used more broadly to describe similar overtaking events among other cryptocurrencies. This milestone not only highlighted Litecoin's growing prominence but also showcased the dynamic nature of the cryptocurrency market, where positions can shift rapidly based on market trends and investor sentiment.

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