Alt coins are Crypto equivalent to money printing.

[ambar33n]

The predictable part of this market is that when Bitcoin rises, alts rise EVEN MORE. The proliferation of alt coins and the unbreakable link to BTC effectively means infinite money printing. Every new coin that latches on is another round of quantitative easing. For BTC to rise 10%, it has to carry 40 other coins to 20% gains, and that number is only increasing.
We will NEVER see another major price rise unless this link is severed. Value increase will simply be reflected by yet more coins pegged to BTC.

[Kiran Sehzadi]

The top 10 coins are 220 billion of the 269 billion market cap (81.7%). What you are worried about is a common fear that the 1000s of altcoins dilute the money and that washing them away would do something, but the math doesn't hold up.

Top 20 coins is 236/269 = 87.7% of total marketcap. If every alt outside of the top 20 stopped existing today, the market cap would only go down 12.3%, which is almost a normal day in crypto.

[aiviaa485]

The top 10 coins are 220 billion of the 269 billion market cap (81.7%). What you are worried about is a common fear that the 1000s of altcoins dilute the money and that washing them away would do something, but the math doesn't hold up.

Top 20 coins is 236/269 = 87.7% of total marketcap. If every alt outside of the top 20 stopped existing today, the market cap would only go down 12.3%, which is almost a normal day in crypto.

wow real calculations.
I think you are a mathematician because every setail calculation you can distinguish

cool man!

[Nestle]

Yes, this has happened for a long time and applies to altcoins. Altcoin prices are seen from the increase and decrease of bitcoin.