Quote from: sensimilia on July 17, 2022, 03:50:54 PM

It is common for alt coins to go up when the price of bitcoin goes up, from what I have seen in my experience the price of alt coins always fluctuates higher than the price of bitcoin. If the price of Bitcoin starts to rise in a few days then we can see a massive pump in the alt coins as well. However, the current uptrend may not last long.

Which is why you don't call this a pump but just a mere retracement as that's what is happening with the altcoins you're seeing. Majority (if not all) are traded with Bitcoin pairs therefore they're likely to record some increase in value when the value of Bitcoin raises as well. The op made this post in June and what have happened since them isn't much of a pump and as for coin like Ethereum that have recorded some significant gains, they have that linked with the news of the merge around the corner.

Altcoins are unlikely to pump significantly until Bitcoin has crossed its previous high and when that happens then the fomo will begin again as the market is just a cycle of bulls and bear market. For now your focus should be in accumulating Bitcoin as we might unlikely see this low again after the next bull cycle take the price to the range of hundreds of thousands.