Top 5 crypto market cap giants to ‘keep an eye on’
Bitcoin’s social dominance has skyrocketed, but other major altcoins are also worth paying attention to. Here are the key points:
– Ethereum, Cardano, XRP, Binance Coin, and other cryptocurrencies have been flying under the radar.
– Santiment data shows that these altcoins tend to coincide with the social dominance of decentralized finance (DeFi).
– Bitcoin’s social dominance stood at 23.95%, while Ethereum, Cardano, XRP, and Binance Coin had lower percentages.
– Bitcoin has experienced a significant price increase since the beginning of the year.
– Ethereum, Cardano, XRP, and Binance Coin have also seen price increases, albeit at different rates.
In conclusion, while Bitcoin may be dominating the crypto market, it’s important to keep an eye on other major altcoins. They have the potential for growth and are influenced by the DeFi market. Bitcoin’s price has soared, but Ethereum, Cardano, XRP, and Binance Coin have also seen notable increases. Stay informed and consider diversifying your crypto portfolio.
Hot Take
While Bitcoin remains a dominant force in the crypto market, it’s crucial to pay attention to other major altcoins. These altcoins, such as Ethereum, Cardano, XRP, and Binance Coin, have shown potential for growth and are influenced by the DeFi market. Diversifying your crypto portfolio could be a wise move in this evolving landscape.
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