Bitcoin has always been the king of the coinmarket capitalization, but this dominance of over 60% is something else. Meaning that all the market capitalization of the entire altcoin market is less than 40%. But there's still hope for projects that has a strong user base like MPCX who just secured a partnership with IBM and has been trending lately. The tokensale just commenced and thousands of tokens has been sold. The IEO  is happening at OOOBTC and PROBIT where the token is sold at 6 cents with some incentives. I believe the tokensale would be successful and the project is very viable.