Bitcoin realized cap is currently sitting around 60% from roughly 50% last year, and it’s 20% higher than in 2018. Realized cap gives a much more accurate version of events as it substituted the current token price with the price when the token last moved. In addition, it filters out founder coins, and if a token has never moved, its realized price is zero. While Bitcoin market cap dominance currently sits below 48%, a vast difference from the realized cap dominance.
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