Bitcoin dominance in shambles right now, seems too early in the cycle for this 🤔
Discussion
Unit bias and hopium
Why is Bitcoin dominance “in shambles?” What metric do you use to state this?
Stable coins and a plethora of shitcoins influence it much more than in previous cycles.
Anyway IMO it is organically correcting, I don't think it will go again lower as last cycle. I agree that we are early and pretty sure this cycle will break all previous models and projections, like "dimished returns"
No coiners are just scared of 100k