Is it normal to invest in projects that VC's invested money on? And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
Some altcoins still retain their spot in the top 10's or 20's while others move up or down. The industry is growing so we shouldn't expect some stability anytime near. We'll keep seeing the volatility both in position on ranking sites and price of project for a very long time. The cryptocurrency market is a speculative market so you can always follow the money and be profitable doing so. Vc's have the money and when a project is funded very well, they tend to do very well so you're liking investing in the project VCs invest and profit then going to look for one yourself.
Don't get carried away though as this VCs get into project so early that they're always at advantage not minding how the market is moving, so you have to be on your A game as well and stay update so if the VC are moving out, you do so as well and not get dumped on.