Quote from: h0lybyte on July 08, 2018, 06:16:09 PM

Quote from: tsaroz on July 04, 2018, 12:59:34 AM

With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?

Bitcoin is itself considered a dominant digital coun in the whole crypto economy as you might have read that before bitcoin there was nothing to say crypto.
People are introduced with bitcoin first, later they are taught about altcoins and therefore it will remain dominant always

Bitcoin dominant status are based on the Volume of investment put in by the investors, high level of confidence, fundamentals, market structures, not to mention being all over the news on social media, print, broadcast media, Bitcoin is globally accepted and very strong on the crypto market. Remain number one among all the ALT coin as posted.