This is a momentous event that the capitalization of the crypto market reached 200 million US dollars. I would like to note such a feature that the Altcoins outside the top 100 could not reach those levels when similar capitalization was noted in 2017-2018. In this regard, I believe that a sharp increase in altcoins will soon await us.
I don't think so.
The situation we had hack in 2017 was very different from the one we have now. Back then, there were a lot of inexperienced users and they pumped a lot of money in to the alts. Some of the alts went up by as much as 100x and 200x. Coins such as DOGE and Bytecoin went up like rockets. I have nothing against these coins, but you really think that Bytecoin is a currency that deserves 270x (27,000%) returns?
When the bull rally of 2017 went out of steam, the alts which went up by 100x came back to their previous levels. And most of the users remember what happened then, and I doubt whether they'll trust the alts once more.