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RE: Was 64.26% the Top Bitcoin Dominance This Cycle or Not?
BTC has won the meme war signing up governments and fund managers to invest in it. Ethereum is taking a similar route with even Trump family throwing a large investment in it. We have not yet seen the real inflows to most projects. Most of the pumps we are seeing are likely money rotating between narratives. Once we adjust prices for the expansion of M2, the prices don't seem very impressive.
Inflation Chart
0.00210478 BEE
Interesting. Good comparison to money expansion. We haven't had such expansion in the previous cycles. That's another factor to consider. Thanks for sharing this!
The biggest surprise I had was figuring out that extent of Dot Com Bubble. Cryptocurrency and AI will be the ones to finally top that bubble. S&P 500 is down from its Dot Com Bubble even to this day when M2 is factored in.