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Altcoin Dominance Is Rising Fast: Is Something Big About to Happen in the Market?


by Vignesh Karunanidhi
for CoinEdition
Altcoin Dominance Is Surging, Big Shift Incoming
  • Alphractal identifies altcoin dominance growth draining Bitcoin’s market share.
  • XRP surges 37.59% in a week while Cardano (ADA) also climbs, posting a 27.78% price gain.
  • Altcoin dominance, excluding stablecoins, approaches the 25% historical threshold.

Investment analysis platform Alphractal has identified a growing altcoin dominance that has gradually reduced Bitcoin’s market control over the past month. The shift indicates a return of optimism for altcoins as investors diversify beyond the primary digital asset.

Current market data validates the dominance trend with several major altcoins posting strong 24-hour performance. XRP leads the top 10 cryptocurrencies with 12.37% daily gains, trading at $3.52 while achieving 37.59% weekly appreciation.

Cardano follows with 14.31% daily gains at $0.8781, delivering 27.78% weekly returns that place it second among major altcoins. Dogecoin secured a 15.66% daily appreciation, reaching $0.2436, with 24.63% weekly gains that validate the meme coin’s strength during the altcoin rotation.

Ethereum continues to post gains, with a 6.50% daily appreciation at $3,646.67, and a 22.12% weekly appreciation, supporting the…

The post Altcoin Dominance Is Rising Fast: Is Something Big About to Happen in the Market? appeared first on Coin Edition.

Read the article at CoinEdition

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Altcoin Dominance Is Rising Fast: Is Something Big About to Happen in the Market?


by Vignesh Karunanidhi
for CoinEdition
Altcoin Dominance Is Surging, Big Shift Incoming
  • Alphractal identifies altcoin dominance growth draining Bitcoin’s market share.
  • XRP surges 37.59% in a week while Cardano (ADA) also climbs, posting a 27.78% price gain.
  • Altcoin dominance, excluding stablecoins, approaches the 25% historical threshold.

Investment analysis platform Alphractal has identified a growing altcoin dominance that has gradually reduced Bitcoin’s market control over the past month. The shift indicates a return of optimism for altcoins as investors diversify beyond the primary digital asset.

Current market data validates the dominance trend with several major altcoins posting strong 24-hour performance. XRP leads the top 10 cryptocurrencies with 12.37% daily gains, trading at $3.52 while achieving 37.59% weekly appreciation.

Cardano follows with 14.31% daily gains at $0.8781, delivering 27.78% weekly returns that place it second among major altcoins. Dogecoin secured a 15.66% daily appreciation, reaching $0.2436, with 24.63% weekly gains that validate the meme coin’s strength during the altcoin rotation.

Ethereum continues to post gains, with a 6.50% daily appreciation at $3,646.67, and a 22.12% weekly appreciation, supporting the…

The post Altcoin Dominance Is Rising Fast: Is Something Big About to Happen in the Market? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead

Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead

Arbitrum (ARB) attempted a major breakout on Friday but was sharply rejected at a key...
Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

Ethereum Classic (ETC) has jumped over 33% in the last week, breaking out of a long-t...