#ETH Market Cap Ratio Hits New Low#
Hot Topic Overview
Overview
Ethereum (ETH)'s market cap dominance has been steadily declining recently, hitting a new low of 10.99%. Over the past 24 hours, ETH's trading volume was $30 billion, with a circulating market cap of $403.5 billion, resulting in a 2.22% decrease in market cap dominance. Despite ETH's 1.73% surge in the past 24 hours, surpassing the $3,300 mark, the downward trend in its market cap dominance remains concerning.
Ace Hot Topic Analysis
Analysis
ETH's market cap dominance has hit a new low, currently standing at 10.99%. The 24-hour trading volume is $30 billion, and the circulating market cap is $403.5 billion. This indicates a consistent decline in ETH's market cap dominance over the past period, with a drop of 2.22%. While ETH has seen a 1.73% rise in the past 24 hours, with its price exceeding the $3,300 mark, the decline in market cap dominance remains noteworthy. This could be attributed to various factors, such as overall market sentiment shifts, waning investor confidence in ETH, and the emergence of other cryptocurrencies. The future trajectory of ETH's market cap dominance needs close monitoring, and investors should exercise caution in their investments.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
ETH market cap share continues to decline, currently falling to 10.99%,
ETH trading volume remains at a high level, reaching 30 billion US dollars in the past 24 hours,
ETH price fluctuates significantly, recently breaking through the 3300 US dollar mark,
ETH market cap share decline may be related to the overall market trend, or may be related to the rise of other cryptocurrencies