The final game time of $eth?
Since June 2023, the dominance of $ETH has been free to decline, falling to 7.35%, the lowest since 2020.
- On ATH TVL ($144B, 2021), dominance is about 13%
- TVL has dropped to $90B when the advantage reaches 22% in 2022
Interestingly, throughout the bear market, the dominance of $ETH remains within 20%.
TVL has rebounded since the fourth quarter of 2023 - but $ETH DOIMNANCE has been declining.
At that time, interest in $ETH was taking a sharp dive as the market started spilling over new Altcoins, but it still dropped.
So far, there has been no sign of a comeback.
#saylorbtcpurchase