Bitcoin's dangerous dominance levels

I am not sure if anyone noticed this but BTC dominance is now dangerously close to 70%. An year or so back, this number was lurking around 50%. I don't think this is very healthy for the market. While I agree that most of the shitcoins should die, I don't think it's healthy for BTC to have so much dominance because every crypto has it's own purpose and is meant to solve a set of problems. BTC IMO is best being a store of value and still not the best tech for buying coffee. 

What do you guys think?

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