Bitcoin Dominance Increases, ETH’s Market Share Slides, Stablecoin and Smart Contract Coins Rise

Bitcoin Dominance Increases, ETH's Market Share Slides, Stablecoin and Smart Contract Coins Rise

Kolmapäeval, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 triljoni mark. Ever since the crypto economys market slump, bitcoin’s market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% ulatus. Vahepeal, Ethereum’s market dominance has diminished as it has slid from 18.6% juurde 17.7% since January 6.

Bitcoin and Ethereum Dominance Shifts, Top Stablecoin and Smart Contract Tokens Command More Than 44% selle $2 Trillion Crypto Economy

Bitcoin’s (BTC) market dominance has increased while ethereum’s (ETH) crypto-economy dominance has decreased over the last two weeks. Market dominance is the crypto assets overall valuation compared to the entire $2.08 trillion crypto market economy.

On January 6, 2022, BTCs dominance slid to its lowest position in three years (37.7%) since June 3, 2018. The metric has increased to the 38% region while ethereums market dominance dropped from 18.6% juurde 17.7%.

A myriad of other coins have seen market dominance changes and the crypto asset binance coin (BNB) has a market dominance rating (MDR) of around 3.37%. Tether (USDT) commands an MDR of 3.35% ja cardano (ADA) on 2%.

The stablecoin USDCs MDR today is 1.95% ja solana’s (SOL) market valuation is 1.85%. The distributed ledger technology token xrp’s (XRP) market cap represents 1.51% of todays crypto market economy.

Following XRP, on terra’s (LUNA) market valuation which commands 1.22% of the crypto economy, ja polkadot’s (DOT) 1.03%. The $173 billion worth of stablecoins represent 8.30% of the crypto economy and the $738 billion worth of smart contracts platforms is 35.36% of the value of all the coins in existence today.

The $11.8 miljardit sisse privacy coins on ümber 0.56% of the crypto economys net worth on Wednesday. Meme coins, Kuid, command 2.15% of the digital currency economy with $45 miljardit.

What do you think about the bitcoin and ethereum market dominance shifts in the last two weeks? What do you think about the 44% in aggregate value stable coins and smart contract tokens represent today? Andke meile allolevas kommentaaride jaotises teada, mida te selle teema kohta arvate.