There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
It depends. Bitcoin dominance is not the be-all and end-all of the fate or the potential of an altcoin. I would not hesitate to participate in an ICO or IEO which I think is going to be a major player in the crypto world however high Bitcoin's dominance is in the market.
If all of a sudden Jeff Bezos decides to launch an ICO of a truly disruptive and promising crypto project, would you not consider joining? Or perhaps a Warren Buffet and Bill Gates tandem thinking of an IEO? In either case, even if Bitcoin dominance is 98%, I would probably be investing big time to their projects.