Do you search for and look thru new cryptocurrencies of the day every day? The prices of newly launched currencies should have no choices other than rise to multiple times high. These currencies may not have long-term pontential. Invest 10k in such a currencies, dump them and make big money in short term.
There were altcoins which skyrocketted to 100 times higher in just days.
Very old altcoins may take very long time to achieve multiples. Even like eth, ltc. They wont go to 100 more expensive anymore. But very new cuŕrencies can.
I think top ten old altcoins have achieve saturation.
Is this your investment strategy?
There were altcoins which skyrocketted to 100 times higher in just days.
These are pump and dump coins, and it will likely go down, a good coin's price should move the price steadily, these pumps and dumps coins usually hype the coin to get more buyers and should not be one of the factor that you would want to invest.
Very old altcoins may take very long time to achieve multiples. Even like eth, ltc. They wont go to 100 more expensive anymore. But very new cuŕrencies can.
I don't know where you based your data but new coins are having a hard time with their price, the majority of them are down 50 to 90% and investors are losing badly and crowdfunding especially ICO is not attractive to investors anymore.