So, in terms of scarcity, Bitcoin is king.

Bitcoin is king in all aspects.
Devs (if I can call them that) these days launch tokens for profit and then repeat that over again pulling rugs on investors each time. There is a possibility that a new innovation can come up and actually elevate the purpose of the blockchain, but the noise around with all shitcoins drowns out everything else.
- Jay -
Don't compare Bitcoin and shitcoin, because it is not comparable even though the supply of shitcoin is limited.
The developer's goal is clear - they want to profit from their community, even though the shitcoin project has large funding, if it is already in the market, the price will still fall, there is a game in the market where the price suddenly falls because the developer sells it.
Innovation by improving the blockchain is more about imitation than different innovation.