If you are hunting for the next crypto to explode, this week sent a strange signal. Bitcoin now holds 60% of the whole market, its biggest share since May. Yet the Memecoin Index fell more than 5% the same day. That money has not left crypto. It is parked in bitcoin. Celestia and Pendle show where the bigger altcoins stand today.

While the headlines follow bitcoin, something smaller is building just below them. Pepeto, a meme coin in presale that runs its own fee free exchange, has pulled in over $11.2 million.

Bitcoin Takes 60% of Crypto as Small Coins Slide

The search for the next crypto to explode starts with one number: bitcoin’s share of the market hit 60% on October 22, per CoinDesk. That is its highest since May. BTC…