After looking into the Expanse "premine" you mention, I don't see an issue.
Christopher (defaced) has explained it well enough for me and their solution is better than what Ethereum did for funding IMHO.
So the fact that it currently has a higher daily volume than BTS is no longer surprising to me.
It's an ETH clone, which has all of the current hype going for it, with a better funding solution and "appears" to be more decentralized in ways ... and I like the wallet.

I hate to say it, but CF probably has a better reputation in this ecosystem than DL.
I'm not saying I agree and whether or not their reputations are warranted can be debated, but from my observations it appears to be a fact.
BitShares should be worried. Not about these other projects, but about it's own reputation outside of this forum.
It seems like it doesn't really matter how good BitShares is, what features it rolls out, how far ahead of XYZ it is ... the crypto-masses are simply avoiding it and have a predetermined bad impression of the platform.
So much so that it appears most are unwilling to even give it a try by downloading the wallet.
The only interaction outsiders appear to have is during a pump and dump on a centralized exchange, otherwise they won't touch BTS.
The reasons for this should be identified (although some would argue that's been concluded long ago), addressed and rectified asap.
Otherwise I don't see BitShares ever stepping out of the shadows of mediocre exchange performance (i.e. "userbase").
If anyone disagrees, be sure to view the youtube video in my sig (NSFW).
(I jest ... I love to hear others opinions, except fav's
)