The top 9 cryptocurrencies (excluding stablecoins) have a combined market cap of about 10M BTC. Everybody knows that's way too high. You know it, I know it, everybody knows it.
Okay but can we take a second to appreciate that doge, a coin invented as a mockery of digital currencies, after all these years, is still in the top 5 of altcoins? Doge doesn't even try to fake a narrative, it just is. That's truly remarkable.