2017 BTC Dominance:
> Started above 80%
> Dropped to below -40% during the peak of the altcoin mania.
2021 BTC Dominance:
> Peaked around 74.5% early in the cycle
> Fell to -40% during the DeFi and NFT explosion.
Current BTC Dominance:
> Now sitting at its ATH for this cycle, 64%, the highest since January 2021.
> Feels like a good time to start exploring some ALTs again…
I know a lot can still go wrong, but there will always be opportunities.
Focus on alts that survived and new projects leveraging proven protocols.
Example: @infinex_app could be a strong play for those who love @synthetix_io ..
Also few new projects; I am looking at with a serious eye..
@MaplestoryU
@EnsoBuild
@0G_labs
@redactedcoin
@Sidekick_Labs
@MyCoralApp
@CofferNetwork
@Somnia_Network
OG Coins…
@MedievalEmpires
@synthetix_io
@chainlink
@Polkadot
@enjin
@MoonbeamNetwork
@kusamanetwork
Disclaimer: Non of these are paid promotions; Either I hold them or I am planning to accumulate..
what are you looking to accumulate???
Stay sharp!
