It's a collective effort which nobody wants, to decrown bitcoin as the prime cryptocurrency, yes btc definitely has flaws when you see the painful speed on high price and volume, still the perception of pricey bitcoin is going to stay for some times, other crypto doesn't have enough publicity to be no.1, not when some collective 'efforts' is done
We all want that BTC will remain king, that's because we are afraid of a possible scenario if BTC will be dethrone.
It's its dethrone, it means the value will go down and there's a new coin in the market that is the most popular, and if we are bound to success, crypto as a whole, for sure temporarily we will suffer another big dump in the market due to panic, but like crypto always does, it corrects eventually.
The "best" altcoin is far from being "king". They can't still do a better job together, let alone a single one.
So which are the
current candidates?
Ethereum? Bad karma from reversing a blockchain transaction, developers had made more mistakes prompting hard/soft forks
Ripple? Centralized, bank garbage.
Litecoin? Its ok, its got both segwit and lightning network, it would be fun to experiment true decentralized exchanging with it.
EOS? Another Ripple, meh.
Bitcoin Cash? No one cares about bitcoin cash.
Binance coin? OMG this thing got to position 7 already? An exchange token? whoa....
Tether? Hmm i don't trust these "stable coins", it lost its ground in October, apparently doing fractional reserve isn't such a good idea...
Stellar? Even more centralized Ripple clones... How can there be so many people thinking centralization is a benefit, when its clearly a weakness in security?
Cardano? I don't really know it.