Crypto total cap DeFI.D - % of dominance of DeFiLogarithm. Time frame 1 week. Chart. This is the crypto total cap DeFI.D
This is the percentage of dominance of DeFi projects in relation to the entire market. This is a very important indicator for understanding the pump or dump of this asset class. That is, to understand when there will be an al
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About Market Cap DeFi Dominance, %
The idea of DeFi emerged in 2017, and since then it's been receiving tons of attention — and that's putting it lightly. We can all probs agree, it's quite well-deserved: DeFi is a promising technology looking to bring financial control to individuals, facilitate lending and borrowing, and provide faster and more secure transactions... If it's able to achieve that is still to be seen, but it would be wise to keep an eye on its growth. That is why we've prepared the chart of total DeFi dominance — the ratio of DeFi market cap to total crypto market cap. It can tell you what share of the market DeFi coins take. Look closely: if the share is growing, maybe it would be wise to bet on DeFi?
DEFI Marketcap Dominance up 23x since 2018 - From 5% to 12% ?If you invested in DEFI early 2018, you made a shit ton of money.
Dominance has 23x, 40x at the top.
We are currently sitting at almost 5% dominance. The trend is UP!
Can we go from 5% to 12%? Almost a 3x in dominance?
That would be a MAJOR ALTCOIN rally!
I'm optimistic!
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