Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the most dominant Crypto
by
Yamifoud
on 01/08/2020, 15:08:25 UTC
Bitcoindominance.com, a new tool that suggests some other factors to contemplate before calculating a cryptocurrency dominance in the market.
To be honest, I'd never visited that site and never know also that it has existed.
But anyway, it is not important for me because I know and since before we already know that Bitcoin is the leading crypto coin in the market, nothing had change since the day it was created.

Presently, Coinmarketcap, the oldest and biggest market capitalization symbol highlights the bitcoin dominance as 62.3 percent whereas, the new tool shows it as 79.18 percent.
We don't know what are their basis bring into different data and result. But I believe that Coinmarket as a near possible data than this new tool you've mentioned. They are old enough in the market and for sure they have a lot of datat could make more its accurate percentage result.
Well, I'm not criticizing the capability of Bitcoindominance.com for the reason that they are new but because in the first place I'd never know this much and to tell how accurate they are in gathering data.