Looking at the rankings on CoinGecko and I see that BTC still holds the first place.


It's clear why — ETF flows are working.
But the real story is different.

Macro is still the main driver of the price, not micro-events.
Here's FAI in 322nd position on CoinGecko — a typical example of noise.
Low liquidity, influencers are making noise, but trading volume honestly shows this.
It's clear that there is no real interest.

It turns out that until macro factors change, altcoins will dance to BTC's tune.
CoinGecko rankings reflect this well — the top are those with real demand, the rest is just noise.
BTC-0.42%
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