According to TechFlow, on November 28, CryptoQuant CEO Ki Young Ju released data analysis saying that considering its growth rate, Bitcoin's market dominance is unlikely to decline in the short term. Data shows that during the same period when Bitcoin's market value increased by 37%, large-cap cryptocurrencies rose by 16%, while small and medium-cap cryptocurrencies only rose by 10%. Ki Young Ju pointed out that the only time small and medium-cap cryptocurrencies outperformed Bitcoin's market value growth was during the meme coin craze in April this year.