DOTUSD appears to beginning some outperformance compared to one of its peers, ATOMUSD. They are both interoperability tokens that have similar goals and functions. I would personally put them in the same group, but correct me if I'm off base.
On a 6 month basis, ATOM has outperformed DOT by a significant amount over the past 6 months depending on your point of reference.
ATOM has a market cap of roughly $8 billion. DOT has a market cap of roughly $29.5 billion.
If this recent outperformance by DOT continues, it could began to catch up to its peer, which has really been putting the petal to the metal over the last six months. Could be DOTUSD's turn for some sustained outperformance.
Long-term view of ATOM's outperformance over the last 6 months.
On a 6 month basis, ATOM has outperformed DOT by a significant amount over the past 6 months depending on your point of reference.
ATOM has a market cap of roughly $8 billion. DOT has a market cap of roughly $29.5 billion.
If this recent outperformance by DOT continues, it could began to catch up to its peer, which has really been putting the petal to the metal over the last six months. Could be DOTUSD's turn for some sustained outperformance.
Long-term view of ATOM's outperformance over the last 6 months.
Comment:
So far, I've been dead wrong. It's not over till the fat lady sings tho. Still think both cryptos are ones to watch and own.
Comment:
Yup, I was dead wrong. The inverse was correct. ATOM has been a beast compared to DOT.