Dominance
By CoinGecko | Updated on Mar 03, 2020
In the cryptocurrency world, dominance commonly refers to the measure of how dominant a particular cryptocurrency is relative to the others for a given parameter.
One example is the Bitcoin market capitalization dominance, which measures Bitcoins market capitalization % relative to other measured cryptocurrencies. Dominance can also be applied on trading volume, or any other measurable metrics.
Related Terms
InterPlanetary File System (IPFS)
The InterPlanetary File System (IPFS) is a peer-to-peer network and distributed file system protocol for storing and transferring data.
Gas Price
A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain.
Metaverse
The Metaverse is a virtual space where users are able to interact with each other in a computer generated environment.
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.