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.
Now the situation in the world is very unstable. That is why cryptocurrency market is very volatile.
But financial market is very unstable too. In many countries there is a big inflation and people lose their savings.
Stock market also falls.