Shiba Inu profits from market trend boosting altcoin growth
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Historically, crypto cycles have followed a pattern in which Bitcoin rallies first, and then capital gradually shifts to lower-cap and riskier bets. However, as compared to the growth of altcoins, Bitcoin's market cap has expanded dramatically in 2023. This demonstrates an interesting market phenomenon in which the altcoin sector outperforms fiat currencies and traditional assets such as gold, while significantly underperforming Bitcoin.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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