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Mpamaegbu
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November 01, 2020, 12:00:35 PM
 #21

I guess it's now obvious that there was a glitch in the dominance data.

Honestly, I wish Bitcoin's dominance is drastically challenged sooner than later. Whatever that keeps the dominance up there, to the best of my knowledge, isn't doing this industry any good. A few times that dominance of Bitcoin diminished, we saw the insurgence in altcoin prices. Personally, the dominance data on Coingecko and Coinmarket sites is the first thing I look at whenever I check the sites. It excites me whenever I see Bitcoin lower than 60% in dominance. As at the time of this post, the dominance of Bitcoin stands at 62% and for me that isn't a good sign for the alts. It simply means that investors are buying more of Bitcoin than alts. As long as this continues to happen, Bitcoin will continue to have more price appreciation than the alts.

.BEST..CHANGE.███████████████
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..BUY/ SELL CRYPTO..
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