Market Dominators: The Kingmaker Effect

There's a fascinating pattern in crypto trading—certain coins emerge as market leaders during specific windows, whether it's hours, weeks, or entire months. We call these the kingmakers.

What makes them special? These coins monopolize trading volume and set the tone for the entire market. Most derivative contracts follow their movements, making them the de facto benchmark for traders.

To earn kingmaker status, a coin doesn't just need liquidity—it needs *momentum*. When volume concentrates heavily on a select few assets, you're witnessing market participants voting with their capital. The derivatives market amplifies this effect, creating a feedback loop where kingmaker dominance becomes self-reinforcing.

Understanding which coins hold kingmaker status at any given moment is crucial for traders. These aren't just volatile assets—they're the ones reshaping market sentiment and driving broader trading narratives.