Everyday I see lots altcoins on Binance increase 10-40%, then I look at BTC dominance and it stays relativly the same around 44.3%. Are smaller altcoins just draining Ethereum, XRP, ADA, NEO and other big coins of their marketcap?
Most of the top alts has becoming BTC dependent while those smaller alts you are talking about making a huge growth compared to top alts i think it's because their potential hasn't exposed yet and their price peak is relatively far since some of those alts are newly introduce to the market, as soon as these alts reach its peak and exhaust all of its positive news we might see a cycle where it will become a BTC dependent as well.