#ETH Market Cap Ratio Hits New Low#
Hot Topic Overview
Overview
ETH's market capitalization dominance continues to decline, currently sitting at 10.99%. Its 24-hour trading volume stands at $30 billion, with a circulating market cap of $403.5 billion, representing a 2.22% drop in market dominance. Although ETH has witnessed a 1.73% surge in the past 24 hours, breaking through the $3300 mark, the downward trend in market capitalization dominance remains a concern.
Ace Hot Topic Analysis
Analysis
ETH's market cap dominance has been steadily declining lately, hitting a new low at 10.99%. In the past 24 hours, ETH's trading volume was $30 billion, with a circulating market cap of $403.5 billion, resulting in a 2.22% decrease in market cap dominance. Although ETH surged 1.73% in the past 24 hours, breaking the $3,300 mark, the decline in market cap dominance remains concerning. This indicates that ETH's market share is being eroded by other cryptocurrencies, potentially due to the overall market sentiment and a decline in investor confidence in ETH's future prospects.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
ETH market cap percentage has been declining steadily, currently falling to 10.99%
ETH trading volume remains high, with a 24-hour trading volume of $30 billion
ETH price has been volatile recently, breaking below the $3,300 mark
ETH market cap percentage decline may be related to the overall market trend, or may be related to the rise of other cryptocurrencies