01-21-2023, 09:15 AM
Dominance at 43.93%, Benjamin Cowen can take a sigh of relief
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/10hczi3/dominance_at_4393_benjamin_cowen_can_take_a_sigh/"> <img src="https://a.thumbs.redditmedia.com/0s9wXCJiWV6o5LcC-QTFIjIp5SDOt9MlxgbnjFYbfP4.jpg" alt="Dominance at 43.93%, Benjamin Cowen can take a sigh of relief" title="Dominance at 43.93%, Benjamin Cowen can take a sigh of relief" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>​</p> <p><a href="https://preview.redd.it/b230y23laada1.png?width=1500&format=png&auto=webp&s=d9122e44efc7c24d4ed7af50443b759b9da4366d">https://preview.redd.it/b230y23laada1.png?width=1500&format=png&auto=webp&s=d9122e44efc7c24d4ed7af50443b759b9da4366d</a></p> <p>It's surprising to some that the dominance hasn't continued to steadily decline with the growing number of cryptocurrencies. I think it shows the longer term stability and success of our #1 coin. It remains relevant and important to the ecosystem. Investors continue to allocate to it.</p> <p>Keep in mind, the total market cap of stable coins has increased dramatically. In December 2020, the total market cap of the top 10 stable coins equated to $25 billion. As of December 2022, it was $135 billion. Excluding stable coins. BTC.D would be much higher.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/OpticallyMosache"> /u/OpticallyMosache </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10hczi3/dominance_at_4393_benjamin_cowen_can_take_a_sigh/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10hczi3/dominance_at_4393_benjamin_cowen_can_take_a_sigh/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/10hczi3/dominance_at_4393_benjamin_cowen_can_take_a_sigh/"> <img src="https://a.thumbs.redditmedia.com/0s9wXCJiWV6o5LcC-QTFIjIp5SDOt9MlxgbnjFYbfP4.jpg" alt="Dominance at 43.93%, Benjamin Cowen can take a sigh of relief" title="Dominance at 43.93%, Benjamin Cowen can take a sigh of relief" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>​</p> <p><a href="https://preview.redd.it/b230y23laada1.png?width=1500&format=png&auto=webp&s=d9122e44efc7c24d4ed7af50443b759b9da4366d">https://preview.redd.it/b230y23laada1.png?width=1500&format=png&auto=webp&s=d9122e44efc7c24d4ed7af50443b759b9da4366d</a></p> <p>It's surprising to some that the dominance hasn't continued to steadily decline with the growing number of cryptocurrencies. I think it shows the longer term stability and success of our #1 coin. It remains relevant and important to the ecosystem. Investors continue to allocate to it.</p> <p>Keep in mind, the total market cap of stable coins has increased dramatically. In December 2020, the total market cap of the top 10 stable coins equated to $25 billion. As of December 2022, it was $135 billion. Excluding stable coins. BTC.D would be much higher.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/OpticallyMosache"> /u/OpticallyMosache </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10hczi3/dominance_at_4393_benjamin_cowen_can_take_a_sigh/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10hczi3/dominance_at_4393_benjamin_cowen_can_take_a_sigh/">[comments]</a></span> </td></tr></table>