Why many altcoins dump in price?

[Kenyot]

I think not all altcoins are falling, but for me you are also good at choosing good altcoins and also have a profitable future, for me you can buy ethereum, neo and cardano, because the growth is now recovering.

[Rituvohra01]

Many altcoins dump in price due to the bitcoin value. Bitcoin's value affect the value of other altcoin.So before investing in a coin choose the best one. I prefer Ethereum and Ripple.

[luvr1000]

all this because 95% of all projects do not deal with their coins, they just collected money and then abandoned their projects, real quality coins are always good

[Alter]

Yeah, almost all projects always say that altcoins will be the future cryptocurrency with their own technology and system offered. However, it may happen in the future, not in recent years. We all know that this bearish market is still here and it is still continuing. So, we cannot expect more about altcoin prices. All coins from ICO or IT will be dropped after they are listed on the exchange, they will be so difficult to reach their ICO price. It needs more than 2 years for this kind of investment. So difficult and sad to know this.

[Ryanpogz]

Because right now, it's time for prices to fall. When viewed from the 4-year cycle of BTC, fair if the current price of all altcoin down. The fall in BTC prices affects all cryptocurrency prices. So even though altcoins are the future currency (although some), but when it's time to go down, everything will go down.

I have been toying with the idea in my mind of a machine learning algorithm that can detect the early stages of a pump-and-dump and ride the wave. If anybody ever reverse-engineered the algorithm, it would be highly susceptible to exploitation, but until then it would be a fun little cash cow.. 

[Stavr1992]

Most people at this stage of the downward trend have switched from Altcoins to Bitcoin and Ethereum, since there are less risks of losing money. In this regard, the price of altcoins rolled back

[LogiC]

I always hear that altcoins is a future currency but how come there's so many of altcoins listed in exchange dump in price, when it has been said that it's a future currency what could be the reason.

Cause a lot of traders using these altcoins to gain in the market. Same like whales pumping and dumping tokens so hard. But not all of it are pump and dump coins. You caan always spot a hidden gem amongst those shitcoins. It just a matter of picking which is which.

[shadowdio]

of course they want money, bounty hunters dump the price you know they receive reward from campaigns just expect that to happen when listed in exchange.

[Octoalts]

In my opinion, the dump of Altcoin prices is influenced by the price of large Cryptocurrency coins such as Bitcoin and Ethereum. Especially the price of Bitcoin, Bitcoin is now down and this has a huge effect on Cryptocurrency. So many new Cryptocurrency projects, which don't have good value. you can even say, now is a very bad time for new altcoins.

[andrewBud]

Many altcoins have fallen greatly in price, since most of them either do not have a working product yet, or no longer will have.  Now few people are interested in altcoins without developers and product.  Although during bull run, I believe that there are will raise the price of almost all altcoins.

[maro101]

It is known that in a bear market, the price of altcoins decreases many times more than bitcoin, because in such a market, many people sell their altcoins and prefer to buy cryptocurrencies that are most reliable.

[DAMKAR]

I always hear that altcoins is a future currency but how come there's so many of altcoins listed in exchange dump in price, when it has been said that it's a future currency what could be the reason.

I think It just affect of the bitcoin price. The price of bitcoin will affect the value of altcoin.  But I believe It will rise again soon

[Ghozrd]

There are many altcoins and no one controls the price movements of coins in the market, this is crypto and everything is decentralized.
I saw all the coins dropping in the coinmarketcap, even as Bitcoin dropped at the price of $ 3900 in February, I waited for bullrun and was still waiting.

[Stuart]

The entire market is facing this current situation, and when we talk about altcoins, not all of them will survive the long run. Lots of these altcoins are shit coins in the market, having no value. ICOs from 2018 gave room for the spring up of lots of scam ICOs, which has made the market filled with lots shit coins. Only the coins/ICOs that has a strong base will survive for the long run.

[debra]

I assume because whales or big players in crypto market become more greedy to gain profits. It is absolutely very bad condition, this makes crypto coins/tokens be worthless. People become very hard to make money from selling coins/tokens. The regular dump should be stopped.