Hi friends:
What is the reason for the large fluctuations of altcoins in your view? Why are altcoins so fragile compared to Bitcoin and fluctuating with the smallest news?
This is because of the use cases and objective of those platform. Sometime an altcoin becomes a shitcoin if the application of their platform doesnt needed and necessary in blockchain. Many platforms are like this and makes them become valueless.
Nowadays, there are many people who know Bitcoin, and there are many people behind him who support him, and there are fewer and fewer people behind altcoins, and the gap between the two is very large, which will lead to different liquidity, so price fluctuations are often Will be different.
Agreed. The bitcoin popularity becomes an immense progress on technological advancement and many cant argue to this. Why? Because many altcoins have just been imitating the real product and purpose of peer to peer and sometime its redundant to every investors thats why many altcoins are just ignored.