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/1498942071658405888Now all atcoins follow the bitcoin fall because all cryptocurrency market falls.
But many people continue to believe that soon cryptocurrency market will rise.
Also many experts predict that cryptocurrency market will rise.
Many people thing that the price of cryptocurrency will rise because the adoption of cryptocurrency rise.
The more people use cryptocurrency the higher is demand in it.