The price of altcoins depends to much on the price of Bitcoin. When bitcoin falls all altcoins falls too.
But a lot of depends how useful is the coin and about it demand in future.
Thanks blockchain it is possible to invest money in nature protection like this
https://twitter.com/ClimeToken/status/1498942071658405888All cryptocurrency market follow the Bitcoin price, when bitcoin rise all crypto rise too, but when bitcoin falls cryptocurrency market falls.
And I agree that it is important to protect nature. Hope many people understand this.
The dominance of Bitcoin continue to be very high, that is why cryptocurrency market depends too much from the price of Bitcoin.
But every day a lot of new projects appear and it is very important to check how useful will be such products in the future.