Bitcoin was the pioneer of them all. It was the one that started the game and was able to keep up over the past decade of having new altcoins. It went from zero to hero specially on 2018 where its value reached $20k for a while but now that it is facing crisis, many are already starting to doubt it. Little do they know that bitcoin has been like this for so long, going down but then surprising eveyone after a while. I think that's the reason why no altcoin can replace bitcoin, because not every coin can survive after hitting rock bottom, bitcoin always does.
Exactly. You can't beat the original project which started this craze in the first place. Bitcoin is known as the father of Blockchain technology, and without it, many of the altcoins we know and love today wouldn't exist. We've seen how the market depends on Bitcoin to succeed one way or the other. After all, Bitcoin is the reserve cryptocurrency of the crypto market. With an ever-growing market cap, it becomes harder for altcoins to be able to reach the pioneer cryptocurrency's top spot on the market. The only altcoin that's close enough to replace Bitcoin, is Ethereum. But even Ethereum, is struggling to get past new ATHs because Bitcoin is still on a constant decline in price.
Which is why, I believe that Bitcoin will remain as the "King of Crypto" for the foreseeable future. Unless a new cryptocurrency comes into play with better tech than Blockchain, I don't see altcoins replacing Bitcoin anytime soon. Time will tell us whenever Bitcoin will be able to maintain itself over time, or fail altogether. Considering that it's been just a decade of success since it's inception, I doubt that Bitcoin will die sometime in the future. The rest of the cryptocurrencies on the market will simply follow Bitcoin's footsteps for years to come. As long as you invest into Bitcoin above all other altcoins, you won't have nothing to worry about. Just my thoughts
