DOT Dominance has finally made it back to challenge the descending trendline.
If this holds and advances, DOT should have a very nice pump. Perhaps one to create a new ATH.
Wait for confirmation of exit.
Keep you eye on DOT dominance.
Many other coins have had their respective surges yet DOT still remains undervalued.
If this ORANGE trend line is cleared, I will be loading up on DOT as it will have the strong surge that many other coins have had.
DOT today has been one of the best performing alt coins; however, the surge is mostly accredited to the listing on Coinbase. I wanted to explore further if DOT has the potential to gain Market Dominance and continue on this explosive trend. Quick reminder: we are still in a bear market and it is extremely risky to own altcoins at the moment. BTC right...
This will bring a lot of growths in DOT ecosystem in this 2021 altseason.
The perfect polkadot project to buy right now is REEF, with a very lower marketcap and being pioneer in the first DeFi Blockchain and working as a liquidity aggregator and integrator between some other crypto projects.
Since there isn't an index that specifically breaks out the top nine alt coins in regards to dominance I made this one up. TOTAL2 and OTHERS both look at large cap alts while excluding BTC but OTHERS excludes large cap alts and neither specifically looks at the top 10 excluding BTC. I chose baseline plot as candles had too much noise. I'll update this idea with...