I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.
Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption
Anytime Bitcoin makes a move, it will continue in that pattern until it hit a resistance and it couldn't break it, it will stay in that zone for some days before making another move upward or downward. So, in the process of that price distribution, that's when altcoins pick raise. You can see that altcoins were not pumping a lot when bitcoin was moving, so what traders do is that they remove money from bitcoin and start to buy altcoins and that's how you see the coins shooting up especially the ones you mentioned above.
You can see that Blackrock and Ethereum ETF are waiting to be approve from Security exchange commission but nobody knows about the status and many people are speculating that it will eventually be accepted but till now, we have not heard anything. All this are just to bring new hope of people to believe in bitcoin. If you believe bitcoin is the best, but small and if you have some money to spare, try some altcoins like the ones that have never done all time high.