Wild West Crypto Show Asks, ‘Where Have All the Alt Coins Gone?’
On episode 76 of the Wild West Crypto Show, hosts Drew Taylor and Brent Bates are scratching their heads and asking, “Where are the alt coins?” Bitcoin dominance – a measure of how much of the total alt coin market cap is made up of Bitcoin – remains above 70 percent. Conversely, this bitcoin hegemony means that Dash, Ethereum, Litecoin, Ripple and the hundreds of other cryptocurrencies available comprise only 30 percent of market value. Will the alt-coin industry follow the pattern of the early auto industry? In the first decade of the twentieth century, close to 500 automakers were…