What is the current altcoin dominance in the cryptocurrency market?

1 answers

• Dec 29, 2021 · 3 years ago
  According to the latest data, altcoin dominance in the cryptocurrency market is currently at 40%. This means that altcoins collectively hold 40% of the total market capitalization, while Bitcoin holds the remaining 60%. Altcoins have been gaining popularity and market share in recent years due to their unique features and use cases. Some of the top altcoins leading the market include Ethereum, Ripple, and Litecoin. These altcoins have seen significant growth and adoption, attracting investors and developers alike. However, it's important to note that altcoin dominance can fluctuate over time as market conditions change. Therefore, it's crucial to conduct thorough research and analysis before making any investment decisions in the cryptocurrency market.
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