New and new crypto currencies are emerging day by day which is creating a dispersive spread of market and users.
This spread may be temporary because people want to try out new things and finally would come back to what they trust and like the most. The recent dip is also due to the holidays which made allot of users sell their holding which virtuallu brought down the value, though marginally. This de-valuation most probably is temporary and will regain its pace in coming days of the new year. New alts are gaininh consumer base because of their added benefits over bitcoin and the major one out of them is the transaction speed which kind of makes bitcoin a step backward to other alts. Well hopefully bitcoin shall gain its value and retain its growth or atleast show some stabilitu in the coming days.
Topic: market dominance in 2018 - page 2. (Read 183 times)
2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day of 2018.[1]
total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion.
Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2]
33 altcoins and ICO tokens that are worth over $1 billion by market cap each.
there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each
Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018?
total market capitalization is $615 billion cryptocurrency markets and bitcoin have more than $234 billion.
Ripple’s XRP is now worth about $88 billion by itself after a massive rally in December. Ethereum’s market cap follows very closely now at over $74 billion. Bitcoin cash (BCH) is also not too far behind with an overall market value of $43 billion.[2]
33 altcoins and ICO tokens that are worth over $1 billion by market cap each.
there are now also about 129 altcoins and ICO tokens that are worth between $100 million to $1 billion by market cap each
Do you think that bitcoin will continue to lose its market dominance to altcoins in 2018?
Source https://news.bitcoin.com/after-ripples-rise-btc-dominance-falls-below-40/
Jump to: