Bitcoin dominance in the crypto market almost 51% right now. If bitcoin price will go to the moon again then this dominance percentage may increase! But we have many options in altcoins, and many altcoins are better than bitcoin in several ways! Do you think, in future, Altcoins will dominate the crypto market? Or will it be a strong competitor to bitcoin?
I think we are witnessing already a big competition between cryptocurrency, the most competitive right now is Ether and I think one day it will equal to BTC and get parity. It is only my thought, I am expressing and I would love to see that one day as I prefer hodling Ether as it is much cheaper right now!
ETH has a time value of up to 60-70% of the total value of Bitcoin. However, that is when the foundation of its Smart Contracts is extremely prevalent. In the future if the organizer is still standing in such a place, I think there will be many altcoin developers to beat it