I think this is a trend likely to continue. My view is we are not going to see Bitcoin with a dominance rate like we saw in the past. Simply too much going on and the numbers are against it.

We are seeing a lot of projects that can grow at a rate a lot greater than Bitcoin. That doesnt mean BTC is crap, it isnt. However, when you have dozens of projects doing 20x, 50, or 100x, Bitcoin simply cant keep up.

This is only enhanced by the fact there are new projects coming online all the time.

I expect we will see BTC settle down to a max of 10%-12% of the total market cap.

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