what people mistakenly call "dominance" is market capitalization ratio and if bitcoin's MCR drops to 40% or even 1% absolutely nothing will change because market cap is meaningless when it comes to altcoins specially when there is nearly 3000 of them producing useless tokens with a click of a button.
if bitcoin real dominance drops to 40% then it shows that bitcoin has lost the market to competition BUT so far bitcoin dominance is nearly 100% and we have a long way to go before even getting close to 50% let alone 40% and there is no competition so far.
Topic: If BTC Dominance will drop to 40%, what will happen? - page 5. (Read 17449 times)
I noticed that if BTC has a big dominant rate the entire crypto is bad, in short it looks bullish.
Though the rate now is very consistent to 50% and above, what do you think will happen to the market if it will drop that low.
Will this gives a bad or good effect to BTC and Altcoins?
Though the rate now is very consistent to 50% and above, what do you think will happen to the market if it will drop that low.
Will this gives a bad or good effect to BTC and Altcoins?
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