john girgisDec 17, 2021 · 3 years ago1 answers How does coin dominance affect the price of cryptocurrencies?
In the world of cryptocurrencies, coin dominance refers to the market share or percentage of total market capitalization that a particular cryptocurrency holds. How does this coin dominance affect the price of cryptocurrencies? What are the factors that contribute to the relationship between coin dominance and price? How does the dominance of a specific coin impact the overall market sentiment and investor behavior? How does the price of a dominant coin influence the prices of other cryptocurrencies? Are there any historical examples or case studies that demonstrate the impact of coin dominance on cryptocurrency prices?