Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?
Currently the BTC Dominance according to CMC is: 62.6%
It gets higher as days passed by.now we are in 68.4% dominance and this means profit to the bitcoin holders(even though as I speak the value of bitcoin is dropping up to 8%)
This will always be the case, Bitcoin will always dominate the CMC, it is inevitable. Hardly any other coin will ever be able to compete with BTC
Altcoins are not competing with bitcoin instead they are using the top rank coin to grow and the technology behind bitcoin has bing used by some of them.and besides every coin has their own function(not counting those clone and shitcoin)