It is very good than now investors have a big choice of different projects. But it is very important to check everything before investing. Cryptocurrency market raise and there is a big hype around cryptocurrency. That is why it is very important to be very careful.
Most people use Bitcoin. It is the most popular cryptocurrency. But Bictoin is overvalued. Many altcoins raise more than Bitcoin.
You are wrong, even though altcoins rise much higher than bitcoin in price, but the fact is that the altcoin rallies are also fuelled by rising prices of bitcoin. If there is a bearish bitcoin price movement then most of the altcoins also follow the same trend and so does the market in the opposite way. Currently most popular investments are the NFT tokens and the smart chain protocols along with meme coins.
You said it right, Bitcoin still influenced the market, even those hypes project pump high.
Once Bitcoin starts to fall, most of the project will also suffer. Investors are mostly being hype with how bitcoin rallies, when
there's a sudden fall, interest to entire crypto market is also affected.
It's best to sort those good projects. You named those good venues that investors may check before doing any investment.
Knowing what's the long-term plan is also needed to consider, else, you'll be invested with memes..