I wonder why this topic is not discussed more. The bitcoin dominance compared to other coins.
are you kidding me?
every time an altcoin that has more than 100 million coins in supply is getting pumped, someone starts this pointless discussion!
For years bitcoin marketcap was around 90%. Then it dropped to 40% in jun 2017 and peaked in dec 2017 at 60%.
But then it dropped to 38% today!
the thing you are talking about is not bitcoin market cap it is share of the total market cap.
bitcoin market cap has been increasing day by day.
the thing is, it is very easy to create Market Cap out of the blue with the altcoins. when coins like Ripple suddenly add 10 billion coins to their circulation that will simply add 10-20 billion dollar to total market cap.
and when that happens no matter how big bitcoin market cap is, the percentage out of total will grow smaller.