āāā š° STABLECOIN DOMINANCE āāā
āø Signal: HIGH DRY POWDER (12.2%)
āāā STABLECOIN BREAKDOWN āāā
USDT .......... $182.97B ā”ļø +0.00%
USDC .......... $71.84B ā”ļø +0.00%
DAI ........... $4.57B ā”ļø +0.00%
USDG .......... $3.46B ā”ļø +0.00%
āāā WHAT THIS MEANS āāā
Stablecoin dominance at 12.2% is elevated. That's a lot of capital sitting on the sidelines. Historically, high stablecoin dominance precedes major rallies ā the powder is loaded, waiting for a trigger.
āø Total stablecoin MC: $266.52B
āø Total market MC: $2189.48B
āāā THE PLAY āāā
When this capital rotates into BTC and alts, expect a violent move up.
What's the contrarian play here? š
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