Is the time of altcoins over, or is it just temporary?
Bitcoin has been so dominant as the number 1 coin in the market.
It has retain its dominance of over 50% in the past few months, and that's the trend of the market now but we cannot conclude that altcoins will just become worthless and bitcoin will be the only coin left for trading, that is just temporary, and just like the past trend, when the bull run arrives, everything will change.
The thing is, we came from a big bull run where long FOMO has been happening, it was able to make bitcoin achieve its ATH in a short time and BTC was able to bring altcoins on its uptrend, people now are just more careful and although slowly they have put back their trust and confidence on bitcoin but they are not touching altcoins yet but soon they will, that's for sure.
Bitcoin will continue to dominate. Most altcoins are dead and if you think about it, nobody really needs most of them. Which is why they are indeed dead. Don't know though, some of them might pump for no reason.