In recent months, altcoins have seen unprecedented growth. Bitcoin’s dominance in the marketplace fell from 62% to 37% in the past month.
This trend could be seen as a healthy one. There are many amazing new digital currencies in the sphere that deserve a lot of attention, such as projects like Cardano and Icon.
There are also signs, however, that the altcoin market is out of control. The most obvious sign being Dentacoin, which has seen a growth of 2,000% in the last 7 days. This is just one of many altcoins that have many veteran investors scratching their heads in disbelief.
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