Dominance
By CoinGecko | Updated on Mar 03, 2020
In the cryptocurrency world, dominance commonly refers to the measure of how dominant a particular cryptocurrency is relative to the others for a given parameter.
One example is the Bitcoin market capitalization dominance, which measures Bitcoins market capitalization % relative to other measured cryptocurrencies. Dominance can also be applied on trading volume, or any other measurable metrics.
Related Terms
All-Time-Low (ATL)
The lowest point (in price, in market capitalization) that a cryptocurrency has been in history.
Wash Trade
Meaningless back and forth trading between a single party with the aim of inflating trade volume.
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
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