CryptoQuant CEO: Considering the growth rate, Bitcoin's dominance is unlikely to decline quickly
On November 28, Ki Young Ju, the founder and CEO of CryptoQuant, posted on platform X stating that considering the growth rate, Bitcoin's dominance is unlikely to decline quickly. During a period when BTC's market value increased by 37%, large-cap stocks rose by 16%, while mid-cap and small-cap stocks rose by 10%. The only time mid-small cap cryptocurrencies outperformed BTC in terms of market value growth was during Memecoin season in April.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
20,000 ETH transferred out from a certain exchange, worth $61.21 million
The probability of "OpenSea launching a token this year" rises to 52% on Polymarket
An exchange accidentally leaked details of OpenSea's $150 millions ICO
A certain exchange once posted "Opensea public sale next week," but later deleted it.
Trending news
MoreCrypto prices
More
