Bitcoin dominance dramatically down since Q3/2017

in cryptocurrency •  7 years ago 

After Q4/2017, crytocurrency market dominance sharply change than before

Lets check the market dominance from coinmarketcap

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All the time, bitcoin hold at least 80% in this market but it was dramatically changed after Q3/2017

We can guess many possibilities but mainly Altcoin show more powerful effectiveness in this market

Ethereum proceed their road map step by step. Most newer altcoin developed by ETH platform and show up their result in front of people

It is significant change in coin market, people can recognize their own coin where, what, which to use in real life

Still Bitcoin have most important leverage this market but sharply substituted by next generation

No one believe ETH can reach 1000$ at end of 2017

I look forward how many changes in 2018

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