When considering allocations and capitalizations, we should look upon the oldest charts so that we can better understand the past and evaluate the present - to make better decisions for the future.
First, a look at total capitalization patterns.
Does anything look familiar? These past few weeks are quite reminiscent of 2021:
A look without Bitcoin, and it looks like ETFs just got approved again.
And now for the wildest breakout chart that has everyone talking: Ripple XRP
XRPBTC reminds us of this last summer.
If we factor in total capitalization, we're looking at the wildest chart.
At the moment, BTC stands at 1.88T, ETH at 434B, and XRP at 150B - after gaining 500% in in market cap and over 300% against #BTC these past few weeks.
Another movement like this would largely overturn the market: if you can imagine XRP at 450B market cap, ETH couldn't be falling behind too much - and we'd be staring at completely differently looking charts!
And now, the greater scheme of things for perspective:
#XRPBTC historically
I'd end this article asking just how optimistic are you feeling about the market? What about next year, and the year after that? Or the following 10-year period?