In changed scenario now it will be much more easy to multiply the price of any potential having market like MGO. Bitcoin is keep climbing even at this moment alternative coins markets are suffering but in the long run those high prices of BTC will be helpful for these tokens to acquire higher price targets more easily/. This is how take this changed situation.
Well you`re right ,BTC is the only valuable cryptocurrency and all other altcoins are insignificant , but I don`t know how helpful the high price of bitcoin really is, it is already out of reach of the common people . I remenber six moths ago when people were complaining that btc at 2000$ is overpriced , but now it`s 15K.
To multiply MGO, that is from 4k sat to 30k satoshi would be very difficult without a big exchange and few whales who stand behind it.
Bitcoin is ultimately killing the altcoins ,no one wants to invest in other coins/tokens anymore .