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CryptoQuant CEO: Considering the growth rate, Bitcoin's dominance is unlikely to decline quickly

CryptoQuant CEO: Considering the growth rate, Bitcoin's dominance is unlikely to decline quickly

Bitget2024/11/28 14:41

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.

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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.

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