RE: Bitcoin's Reduction In Dominance
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Knew that BTC was losing dominance, but never at so fast a rate! I though BTC had a dominance of about 50% or more, but turns out I was wrong! Goes to show how BTC has become outdated by other younger and newer cryptocurrencies with new technologies to upheave its processes. Do not catch me wrong, BTC is still a great cryptocurrency, I could be exaggerating by calling it "old," (actually is very fast!), but there are much more coming to the crypto world than e-cash transactions.
This is why there is a greater dominance of other cryptocurrencies: e-cash transactions are being challenged by other rising crypto industries (e.g. NFTs, games, entertainment) that are based upon many different type of cryptocurrencies.
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