With thousands of new cryptos and new ones coming daily. Why don't we still have any coin that is close to Bitcoin's worth?
Bitcoin was the first cryptocurrency that people found out about. And so far, apparently, most of the people have heard only about Bitcoin. The media raised the hype also almost only mentioning Bitcoin, when the cryptocurrency began to rise in price. In this regard, the majority of the population of the planet, who know about the existence of cryptocurrency, heard only about Bitcoin. This is the reason why bitcoin is in great demand, and there are no other cryptocurrencies.