A lot depends how useful the project and what technology it brings. During the fall of the market it is the best time to buy tokens of new projects but it is necessary to evaluate the project to understand its potential. Now a lot of DeFi projects appear like this
https://twitter.com/LollipopBsc/status/1537731681779453952Now many diffirent altcoins appear but not all of them are useful. The most important for investment is to evaluate the potential of new project.
Now a lot of new altcoins appear and many people carefully monitor the market to find new projects for investment.
It is necessary and very important to evaluate the potential of the coin before investment.
There are many potential alt coins in the current market, Metic can be one of them. When market fall down and stayed in dip at the same time some big investors buy matic. I also believe that some others altcoins like PYR and Waves are both potential enough to have a better future hopefully they will over come the previous ATH.