Video Description
The argument goes like this: Bitcoin is already 79,000 dollars, it did most of its growing, so if Bitcoin only has two or three X left then altcoin gains must be gone too.
That reasoning sounds tight and it is wrong, and the market cap data is what shows you why.
Bitcoin's bear market bottom market cap grew about 3.5X between cycles, from 300 billion to 1.17 trillion, and its top roughly doubled. No altcoin did that. Not one. The large caps did not keep up, and outside the top 20 nothing came close. What actually happened instead is that the total altcoin market cap doubled at the bottom, from 430 billion to 840 billion, while the tops printed at the same 1.7 trillion both times.
So the pie did not get bigger at the top. The coins inside it got replaced. 2021 was gaming and DeFi with...
📊 Why This Matters
This video from VirtualBacon provides insights into the latest cryptocurrency developments. Stay informed about ALTCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.
💡 What You Should Know
About This Source: Youtube Virtual Bacon is tracked by Crypto-Headlines to provide you with timely updates from trusted voices in the cryptocurrency community.
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