Analyst Warns of Impending Crash As Altcoin Trade Dominance Hits 50%

The massive November dump of last year was immediately preceded by an equally surging dominance in altcoin trade volume. The dominance of altcoins’ trading volume has surged to 50% and is looking to rise above the level, sparking worries amongst analysts. The pattern is mainly associated with a looming market-wide slump. “This is VERY CONCERNING,” said CryptoQuant The post Analyst Warns of Impending Crash As Altcoin Trade Dominance Hits 50% first appeared on The Crypto Basic .