We all know that there are thousands of cryptocurrencies across the world such as Bitcoin, Litecoin, Etherium, Dogecoin etc. Among all of these bitcoin is always remains on top. I think one of the reason behind this is limited supply of bitcoin. Most of the cryptocurrencies have limited supply, bitcoin is one of them. Bitcoin is always on high demand but has a limited supply. When the demand raises, resulting higher prize. What will be the another reason, in your opinion.
The scarce supply is not bitcoin's preeminent, there are also many altcoins that have a finite supply. Supply is limited and if demand increases, prices will increase.
I think what sets bitcoin apart from the rest of cryptocurrencies is its decentralization. So far, there is no 2nd project that is completely decentralized like bitcoin, with no moderator, no company, and the operation of bitcoin is given to the community. Bitcoin's security is also a big plus, all altcoins have been hacked or had outages once or twice, but bitcoin has never had such a problem.