CryptoQuant CEO: Given the growth rate, Bitcoin dominance is unlikely to decline anytime soon
2024-11-28 14:43:12
CryptoQuant founder and CEO Ki Young Ju posted on the X platform that considering the growth rate, bitcoin dominance is unlikely to decline anytime soon. During the period of BTC market cap growth of 37%, large-cap stocks rose by 16%, while mid-cap and small-cap stocks rose by 10%. The only time small and medium-sized cryptocurrencies outperformed BTC market cap growth was in the April Memecoin season.
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