There is this things some people has not understand about tbe altcoin market and I hope they do very soon. There are some altcoins that were launch last bull run and now don't seems to be living upto there expectations and they have silently become venture capitals. Anytime I see a new project trending and doing all that on Twitter, I do make sure that I check their findings and I'm surprised to see those projects becomes VC as their backers, same project that is not doing well own their own.

Altcoins are now selective and people are now looking at whales before they make their investment. If it was back then, you would have seen many altcoins be running for their money but that system has change and for that reason, you see people jumping from one new coin to another just because they are chasing first pump on their investment, they have upgraded from ICO system and locking funds just to get some kind of allocations from projects.