I guess another relevant question is, when dominance hit 32% last cycle, what turned it around?
Mostly a very sharp drop in xerp, then continuing drop in both VBcoin and xerp.
So a thought.
The reason for the (hopefully) increase back up in dominance this time will be that Musk will no longer have any effect on BTC, proving again that no single megalomaniac can bend BTC to his will. This in itself will encourage money back into BTC, because its stability and resilience has once again been proven. Just like when Ver finally relieved us of his presence.
The market now being reminded that Doge/ETH are in complete control by a single fail point (individual) will discourage further investment.
The doge coin followers are going to get everything they asked, just like when any populace elects a megalomaniac, narcissistic, dictator to rule over them.