That is what happens every time when we see the price in the bitcoin price, but to me, the effect is not completely reflected over every cycle. In the previous cycle if Bitcoin jumps 30% then most altcoins will surge 30% in average but now its not even 10% but random coins jumps 100% in 24 hours and in the next few days it will bleeds out which means the altcoins are only used by bump and dump investors and not for any real use cases.
You mean like the coin you are right now promoting using your profile?
I am not going to say invest on it just because I am promoting it, if they want then should only after their own research.Let's say meme coin has no real use case apart from bump and dump.
A token project that claims, it is going to solve the deforestation, natural resources, blah blah has been only used for bump and dump.