Bitcoin and Ethereum are overvalued now, that is why investors pays attention for the new projects that is not so overvalued hoping for the future growth of their token price.
Is that the right strategy? if so, what if the new project doesn't succeed in developing over the allotted time? obviously they will lose right? well, is it wrong if investors always pay attention to Bitcoin and Ethereum for their benefit even though the value is already very high but both are already successful projects with enormous potential.
I think there is nothing wrong with it and it is only natural that investors keep their eyes on bitcoin and ethereum,
and instead we have to pay attention to the two coins because the two coins are the top coins,
and also besides that bitcoin is the king of cryptocurrency so if bitcoin goes up then altcoin will go up and vice versa