Can Bitcoin lose its position as the top cryptocurrency market?

Of course it is possible, for example, when the community turns its back on it, instead of investing their assets in Bitcoin, they switch to Dogecoin, for example. Then that dog will be the top 1 market. 😅

But it is difficult for that to happen at this time. Although Bitcoin is a slow coin, any coin below can surpass it in transaction speed, to spend Bitcoin for daily purchases is like using gold and precious metals to exchange centuries ago. Even transaction fees are always at the top of the expensive list, recently there have been articles written about it when some people lost several million USD in transaction fees because they set up fast deposits on the Bitcoin system..

But why is it still increasing in price? Why are so many people still mentioning and interested? Why is it still a favorite for the community to choose it as the top category to deposit assets?

Because now Bitcoin has become something iconic, the first digital currency. It is the origin of this game - the game you are participating in (to be more precise, the idea behind Bitcoin is the origin). Bitcoin represents this game and brings it to every corner of the world... Bitcoin is like diamonds and precious stones..

People say Bitcoin is being inflated but I see the opposite, it is still in its early stages, only a few percent of people in the world know and participate. Bitcoin is still very young and has a lot of potential for development