Probably temporarily. However superceding the Bitcoin network effect is the greatest prize any altcoin can ask for. And if one altcoin can do it, then it opens up the possibility that another can beat that one. Competitive money, it's a good place to be before we end up with just one dominating the rest, because it allows the market to choose the traits it finds desirable in a cryptocurrency.
Probably temporarily. However superceding the Bitcoin network effect is the greatest prize any altcoin can ask for. And if one altcoin can do it, then it opens up the possibility that another can beat that one. Competitive money, it's a good place to be before we end up with just one dominating the rest, because it allows the market to choose the traits it finds desirable in a cryptocurrency.