Not all altcoins however. The raising altcoins are the ones which have rolled out real effects or improvements instantly before the plunges. What's more, amid the plunges most particularly bitcoin plunge, it once in a while influences some altcoins if the coin is a decent task, numerous financial specialists utilize that chance to stuck up their wallet. This makes the altcoins to rise notwithstanding when there is a general dump.
How many of these projects are actually rolling out real improvements or anything even remotely like that though? Very few I'd say. In general you'd be hard pressed to find many decent projects that aren't complete scams.