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? Of course, I mean the altcoins that have good ideas, professional support,... not the shitcoins.
Well, I think the reason why altcoins fluctuates is that there is not enough trader or supporters for the coin. Unlike bitcoin, ripple, litecoin and other well-known coins,
more demand means more buyers and sellers so that means the coin wont remain stable , take example bitcoin . btc is so indemand therfor btc is verry volatile but most altcoins are simply not getting much demand from the public . the reason why alts is so fragile is its lack of support from the people and also from the bigger names , it can easily be manipulated by some regular group of people and they dont require much wealth to do it but this cant easily happen on solid coins because many people can counter it