In crypto currency industry, bitcoin is still king, I'd say bitcoin, in fact is a hegemonic leader. Whatever your opinion on bitcoin, you will at least agree that it is not possible to challenge bitcoin's dominance of this industry.

A true crypto currency industry was born after the advent of bitcoin. Every crypto currency project in this industry dreams of only one thing, taking the place of the king and becoming the new king.

Unfortunately for these cryptocurrencies, for a very long time to come, bitcoin will remain the king in the cryptocurrency sector, For this, I see three primary reasons:

1) Bitcoin has been able to leverage its first mover advantage. Bitcoin's success for more than 11 years reinforce the trust of users in bitcoin's security and its future.

2) Truly decentralized with no leader, Bitcoin belongs to all and on its network, anyone can decide to become a node.

3) Innovation is permanent around bitcoin, What makes bitcoin so valuable is the electricity consumption necessary to produce new bitcoins.