Bitcoin Dominance as Tradable Token

Robert Ventures

Bitcoin Dominance is a popular metric among crypto traders that measures Bitcoin’s market cap relative to the market cap of the rest of the crypto industry. The theory goes that when Bitcoin Dominance is high it’s time to buy altcoins, and when Bitcoin Dominance is low it’s time to buy back into Bitcoin.

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Adrian Kolody and his team saw an opportunity to streamline this process - instead of buying Bitcoin or altcoins based on Bitcoin dominance, why not just buy a token that represents Bitcoin dominance? So, he and his team of co-founders created Domination Finance, a decentralized exchange that enables users to speculate on popular market dominance metrics, like Bitcoin Dominance.

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In this conversation, Joe and Adrian discuss how Adrian initially became interested in the world of cryptocurrency, the circumstances that led to the creation of Domination Finance, and the team behind it. They also discuss the project’s impressive list of backers, the importance of an easy-to-use UI, some of the future plans for Domination Finance, and what it takes to be a founder in the DeFi sector.

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Domination Finance is a truly unique way to trade tokens based on domination metrics. If an asset's market dominance is a metric that you look at while trading, then be sure to listen to this episode to learn how Domination Finance is taking this to the next level and changing the way that people trade.

You can learn more about Domination Finance at https://info.domination.finance/

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*DISCLAIMER: The information provided is not legal, accounting, tax, or investment advice.