Monday, October 13, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Bitcoin Dominance and a Comparison to the “Dot Com” Era

by firstcryptonews
October 10, 2019
in News
Bitcoin Dominance and a Comparison to the “Dot Com” Era

The late 1990s saw the World Wide Web expand with a host of domains appearing on the market, featuring some of the most popular websites still used today; Amazon, eBay, Yahoo, Google, etc.

However, there were a number of businesses that were quite dominant at the time, but as the years passed, fell into somewhat obscurity, two such examples being AOL and Hotmail.

Why does this pertain to the current discussion within the world of cryptocurrency? Much like the “dot com” era, my belief is that a great number of cryptocurrencies will “fall off” into the abyss, being used merely in certain niches, or folding altogether.

BTC dominance is considered the total market share of the overall cryptocurrency market cap that Bitcoin accounts for within the crypto-sphere. BTC dominance at its height this year, approximately 3 months ago, was about 66%. BTC dominance has been estimated by some to reach nearly 90% by the year 2030.

While this percentage may seem extreme, the “dot com” era can serve as a guide to why such a number holds validity. Current market cap dominance as of the time of writing this piece is about 66%. Some believe that altcoin season is near, and that BTC dominance will actually drop.

In the short term, they may be correct. But in the long term, meaning the period of the next 10 years, my belief is that BTC will outshine all other coins, and be the “king coin” of cryptocurrency.

Unlike other coins, BTC will always have a place; as a standard to trade other coins and commodities against, as a storage method for mass wealth, and as a successful and secure method by which to transfer wealth efficiently in a peer-to-peer methodology.

The comparison to the websites we have all become accustomed to is quite apparent. Giants like Amazon and Goggle parallel the success that Bitcoin has and shall continue to have.

Coins such as XRP, which many believe will still be wildly successful (I do not share that same belief) may fall off in popularity and be used simply for their niche; XRP may be used in the future by banking systems for transfers within a network.

Wherever the “chips fall” expect the cryptocurrency market to continue to grow as both industry and retail become further involved. Additionally, we can expect to live in a world in which the transfer and sharing of wealth and data (I.e. information) become significantly less centralized.

Related Posts

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

by firstcryptonews
October 13, 2025
0

The upcoming global token launch expands FurGPT’s reach, empowering users and communities to engage in the future of AI-driven companionship....

FurGPT (FGPT) Announces Community Crypto Rewards to Power Token Ecosystem

FurGPT (FGPT) Announces Community Crypto Rewards to Power Token Ecosystem

by firstcryptonews
October 8, 2025
0

The new rewards initiative strengthens community participation and fuels long-term growth for FurGPT’s decentralized AI ecosystem. Singapore, SG – October...

Imagen Network Partners with Google Cloud to Advance AI Infrastructure for Decentralized Social

Imagen Network Partners with Google Cloud to Advance AI Infrastructure for Decentralized Social

by firstcryptonews
October 6, 2025
0

The partnership enhances Imagen’s scalability and personalization tools by integrating Google Cloud’s AI and infrastructure services. London, UK – October...

FurGPT (FGPT) Prepares Token Launch to Reshape Decentralized AI Companionship

FurGPT (FGPT) Prepares Token Launch to Reshape Decentralized AI Companionship

by firstcryptonews
October 6, 2025
0

The upcoming FGPT token launch marks a new phase in developing lifelike, adaptive AI companionship within the decentralized ecosystem. Singapore,...

FurGPT Deploys Multimodal AI to Create Natural Interactive Experiences

FurGPT Deploys Multimodal AI to Create Natural Interactive Experiences

by firstcryptonews
October 3, 2025
0

Enhanced multimodal frameworks strengthen FurGPT’s ability to deliver lifelike and intuitive digital companionship. Singapore, SG – October 3, 2025 –...

Crypto App Imagen AI Partners with Google Cloud to Accelerate AI Infrastructure for Decentralized Social

Crypto App Imagen AI Partners with Google Cloud to Accelerate AI Infrastructure for Decentralized Social

by firstcryptonews
October 1, 2025
0

Collaboration aims to enhance performance, reliability, and developer velocity for creator focused applications on Imagen Network. Singapore, SG – October...

Next Post
Ripple Pumps $750K Into BRD Wallet In Continuous Drive For XRP Adoption

Ripple Pumps $750K Into BRD Wallet In Continuous Drive For XRP Adoption

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

On-chain Enterprise Platform Atua AI (TUA) Brings Advanced AI Technology to Ripple’s XRP Ecosystem

On-chain Enterprise Platform Atua AI (TUA) Brings Advanced AI Technology to Ripple’s XRP Ecosystem

11 months ago
Mars4

Mars4: Highly Liquid MARS4 Dollars and First-of-a-kind Revenue Generating Mars Terrain NFTs

4 years ago
Mansa AI (MUSA) Scales AI Agent Deployment for Web3 Workflow Automation

Mansa AI (MUSA) Scales AI Agent Deployment for Web3 Workflow Automation

7 months ago
Atua AI Deploys Context-Aware Modules to Support Smarter Integration

Atua AI Deploys Context-Aware Modules to Support Smarter Integration

3 months ago
Exclusive “Salvator Mundi” by Leonardo da Vinci To Release  In 3D and Augmented Reality on ElmonX

Exclusive “Salvator Mundi” by Leonardo da Vinci To Release In 3D and Augmented Reality on ElmonX

2 years ago
Shining Light On NEO: The ‘Chinese Ethereum’ That Could Be Set For A Massive Boost

Shining Light On NEO: The ‘Chinese Ethereum’ That Could Be Set For A Massive Boost

6 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

October 13, 2025

Press Release

SuperTrust Expands Its Real-World Blockchain Ecosystem with Global Community Growth and Multi-Platform Integration

SuperTrust Expands Its Real-World Blockchain Ecosystem with Global Community Growth and Multi-Platform Integration

October 13, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News