Bitcoin dominance has been slowly falling since the beginning of December 2017. It has now fallen to a new all-time low of about 32%!
As we continue to see the rise of the alt-coins, Bitcoin dominance will continue to fall, and the gold will start to lose its shine.
If you have not made the switch away from Bitcoin and its hard fork subsidiaries, you may want to start making those moves.
Phys.org just posted a great little article that helps to outline that the biggest gains will be in other coins and tokens. Go ahead and give it a read.
And as always, keep on HODLing!
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BTC: 1GYGYcKHxnXHKMe9xRy5dTfniTzJGbx4um
ETH: 0x736ea3aC5bb1270E839C50f2A1DbDBeE821D9882
LTC: LfHXsT6d97qyLDvhc9wDQhj8HSG9aaoBXj
BCH: 13Ttx4bCqgRCzVzQvpbddUjRKCfthoGNx4
XRP: rU2gxHoc23jdQHN6LHxrjdMtJDtgjqp1qi
As always, the information in this post is not investment or trading advice; the information held is an opinion piece on the subject matter, supported by linked references.
Short Answer:No
But the disparity will get smaller
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Interesting take. Any reason why you don't think BTC will fall from the #1 market capitalization?
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its practically useless. You cant do anything with it. Its the OG so itll remain the most iconic coin but other than that alt coins actually have functionality
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Great thought, but I think we as a community are smart enough to move to more viable technologies. This is why you've seen some altcoins get closer and closer to Bitcoin's dominance level.
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Coins mentioned in post:
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