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62 Greed

How RWA Tokenisation and Stablecoins Distort Altseason Charts

Original title: Tokenisation Is Breaking Your Altseason Chart

Crypto Banter 15:52 19,770 views on YouTube BTC +0.6%
Thumbnail for Tokenisation Is Breaking Your Altseason Chart 15:52

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Summary

Traditional altcoin market charts often rely heavily on Bitcoin dominance and the OTHERS chart. However, modern tokenisation practices distort these metrics significantly. Stablecoins and tokenised gold are included in these calculations, meaning Bitcoin dominance can appear to fall without a single altcoin actually rising in value. Standard charts show Bitcoin dominance at 59 percent, but the figure rises to 65 percent once digital dollars are removed from the equation. Furthermore, one dollar in every seven inside the OTHERS chart does not actually belong to an altcoin. Continuous token supply inflation further dilutes market capitalisation every single year. Historical data from January 2024 shows that out of 115 coins tracked in the OTHERS category, only two managed to beat Bitcoin over the following two-year period. To bypass these flawed chart metrics, traders can adopt a more reliable method. This alternative approach involves reading Bitcoin first and then charting individual coins directly against Bitcoin to gain clear market signals.

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Key points

  1. Bitcoin dominance is often shown at 59 percent, but reaches 65 percent when digital dollars are removed.
  2. Stablecoins and tokenised gold are included in standard altcoin market charts.
  3. One dollar in every seven inside the OTHERS chart is not an altcoin.
  4. Out of 115 coins in OTHERS in January 2024, only two beat Bitcoin over the next two years.
  5. Token unlock supply inflates market capitalisation every year.

Chapters

Chapters come from the timestamps in the video description.

Questions

What is the true Bitcoin dominance when digital dollars are removed?
The Bitcoin dominance is 65 percent when digital dollars are taken out, compared to the usual 59 percent.
How many coins in OTHERS beat Bitcoin from January 2024 over the next two years?
Only 2 out of the 115 coins beat Bitcoin.

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