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RE: Ripple And Stellar Growth With Almost 50% Can Indicate A Shift Towards "Utility" Tokens (From "Hype" Tokens)

in #steemit8 years ago

What is exceptionally stunning however is that Bitcoin's market cap dominance hit all time low with 38% at the moment of the writing of this comment!

Moreover: Ripple's market cap is $90B, Bitcoin's market cap is $220B, meaning that Bitcoin's only 2.4 times the size of Ripple. Proportionally, it means that right now, what Ripple is to Bitcoin is the same what Steem is to Bitshares or Lisk is to Monero.