RE: Bitcoin Dominance Showing The Maturation Of The Industry
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My intuition tells me that we're gonna see a plummetting down to 30% dominance this cycle. There are many undervalued alts which are promising projects and those will take back some of that dominance. NFTs though seem to have had their time already. A lot of the BTC pairings in alts are more that tasty.
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That might be true. Many are forecasting that.
The key, to me, is when projects start breaking out based upon utility and not just a shift in the speculation from Bitcoin to something else.
Then you are ready to see a huge drop in the dominance since it will crack the door open for others.
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I agree with your intuition. I mean the upsurge of meaningful projects will threaten bitcoin's dominance as most of them seek to find solutions to the problem of btc and eth
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