I think that Bitcoin will become a universal store of value for some time.
Ethereum too, and it serves as the financial infrastructure of application tokens.
The thing about the application tokens is that their utility makes them very high potential projects. If they grow, eth grows. But if ETH grows as a pure store of value, it doesn't necessarily mean that the tokens will also grow.
Currently the best application token bets are tech based, utility tokens such as OmiseGO, Raiden and AppCoins, just to name a few examples.