This is hardly discussed in here, if you do not find those threads, then it is your fault.
I wonder why this topic is not discussed more. The bitcoin dominance compared to other coins.For years bitcoin marketcap was around 90% it dropped to 40% in jun 2017 and 60%.But then it dropped to 38% today!
You are not seeing the reality in there, the dominace is dropping, but the whole marketcap is always going up.
When the dominance was over 90% a few years ago, tell me, how much was the marketcap? I bet everything that it was not even five billion dollars.
And now it is 38% but the total marketcap is 600 billion dollars, more than a half of a trillion.
I agree, we do not need to see a dominant bitcoin, we need the crypto market to grow.
I know more and more well known companies are realizing the potential of blockchain technology and considering releasing their own coin.