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Real Bitcoin Dominance

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Price update 19 minutes ago

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What is The Real Bitcoin Dominance Index?

The Real Bitcoin Dominance Index calculates Bitcoin's market share among proof-of-work coins attempting to be money. It excludes all ICOs, stablecoins, and other centralized projects.

What Makes this Dominance Index Different than CoinMarketCap?

The Real Bitcoin Dominance Index only includes coins using proof-of-work that are attempting to be money. It does not include ICOs or stablecoins.

The only coins included in TRBDI are:

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • Ethereum (ETH)
  • Bsv (BSV)
  • Bcash (BCH)
  • Monero (XMR)
  • DASH (DASH)
  • Zcash (ZEC)
  • Bitcoin Gold (BTG)
  • Ethereum Classic (ETC)
  • Dogecoin (DOGE)
  • Decred (DCR)
  • XRP (XRP)
  • Tron (TRX)
  • Solana (SOL)
  • Cardano (ADA)

The formula for The Real Bitcoin Dominance Index is:

Market Cap of Bitcoin / (Market Cap of Bitcoin + Market Cap of Coins on the above list)

Why does Real Bitcoin Dominance exclude ICOs?

Bitcoin Dominance excludes ICOs because they are each controlled and issued by a centralized entity and cannot act as hard money. Even if the ICO intends to be money, it cannot offer any improvement over the current fiat system of centralized banking and money printing.

Why does Real Bitcoin Dominance exclude stablecoins?

Stablecoins act as on-ramps and off-ramps between fiat and cryptocurrencies and are just an extension of government-controlled fiat money. Since The Real Bitcoin Dominance Index tracks cryptocurrencies capable of becoming global money replacements, stablecoins are excluded because their value and purpose depend on fiat dollars.

Why Does The Real Bitcoin Dominance Index Matter?

The index matters because there is no easy way to see a cleaner view of Bitcoin dominance, that excludes stablecoins and the constant inflated market caps being added on other dominance tracking sites.

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