BTC dominance is sinking and sinking.
I don't really like this.
Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes.
Yeah, the % dominance thing on coinmarketcap is a complete farce. Since they count literally every new shitcoin they add to the list, then every time a shitcoin gets added to their listing, and then it wash trades a few coins up to a $1M market cap, Bitcoin's % dominance goes down. So '% dominance' is a meaningless metric now.
There were 1000 coins listed in Jan 2017. There were 1400 coins listed in Nov. Now there are 1516. So 516 new shitcoins added in a year, and 116 new shitcoins added to coinmarketcap just in the last two months.
What does that tell you?