Since September 1st, BTC is up 40%, SOL is up 100%, LINK is up 150%, MATIC is up 46%, ADA is up 40%, DOT is up 30%. AVAX is up 31%. And ETH… ETH is up 16%. These are all large-cap tokens too. Even DOGE is up higher than ETH (19%). ETH dominance is dropping to its lowest level since the 2022 summer crash, both against BTC and against other altcoins. Historically, ETH rises after BTC rallies, followed by other altcoins. This time, it seems ETH is being more or less left out. Does this signal ETH isn’t going to perform as strongly as anticipated in this next bull cycle? Curious if there are any tangible reasons behind ETH’s poor performance lately, or if it’s just a matter of “crypto is gonna crypto.”
submitted by /u/spartikle
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