TechFlow reports that on November 28, CryptoQuant CEO Ki Young Ju shared data analysis indicating that given its growth rate, Bitcoin's market dominance is unlikely to decline in the short term. Data shows that while Bitcoin's market cap grew by 37%, large-cap cryptocurrencies rose by 16%, and mid-to-small cap coins increased by only 10%. Ki Young Ju noted that the only period when mid-to-small cap coins outperformed Bitcoin's market cap growth was during the meme coin frenzy in April this year.
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