#ETH Market Cap Ratio Hits New Low#
Hot Topic Overview
Overview
ETH's market cap dominance has been steadily declining recently, currently sitting at 10.99%. Its 24-hour trading volume is $30 billion, with a circulating market cap of $403.5 billion. This decline is primarily attributed to the drop in ETH's price, which has fallen below the $3,300 mark. ETH has experienced a 1.73% gain in the last 24 hours. Despite this, ETH's trading volume remains high, suggesting that market interest in ETH is still significant.
Ace Hot Topic Analysis
Analysis
ETH's market cap dominance has been steadily declining recently, hitting a new low of 10.99%. In 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% drop in market cap dominance. While ETH has risen 1.73% in the past 24 hours, breaking through the $3,300 mark, the continued decline in market cap dominance remains a concern. This could be attributed to recent volatility in the overall cryptocurrency market and the rise of other cryptocurrencies. Investors need to closely monitor ETH's future performance and make investment decisions based on market conditions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
ETH market capitalization share continues to decline, currently falling to 10.99%
ETH trading volume remains active, reaching 30 billion US dollars in the past 24 hours
ETH price fluctuates significantly, recently breaking below the 3300 US dollar mark
The decline in ETH market capitalization share may be related to overall market trends and investor sentiment