I believe that many altcoins will die off due to week fundamentals, all the weak projects, meme coins and speculative tokens will vanish over time. Bitcoin is more entrenched than any other crypto that's why I believe that it's strength will make sure any crypto that actually survives, must justify its existence
These shitcoins are the reason why most people view the crypto industry as a scam. Most of them are pump-and-dump schemes that make developers rich and investors poor. Some developers claim that their coin will unseat Bitcoin and become number one, but many of them don't last long. It is not Bitcoin that is killing these altcoins; rather, they were designed to fail. Bitcoin was not designed to make people rich but to enhance privacy and as an alternative to fiat. But the developers of these shitcoins always promote them as a get-rich-quick project.
That is what many people think and stop investing on bitcoin because they think all coins are the same. And continue arguing about bitcoin that is scam. Shicoin can never overtake bitcoin because is the best coin that can always make you happy for long time when you invest on it. Some crypto risk taker prefer to invest in Shicoin then investing in bitcoin, because they believe that Shicoin can make them rich quickly because he usually pump deeply and make them get huge profit then bitcoin.
Crypto is unpredictable and you should invest what you prefer and can work for you, but if you can't be taking risk is better you should invest on bitcoin, that one will minimise your risk and get profit when the market is moving smoothly. Shicoin is for short term and when you invest on it, and the price decrease you should just know that your funds as gone, because not all Shicoin pump when the price as drop down, is only bitcoin that is long term process and you can be in profit in the next 3 to 4 years when you start your journey now, because they price will definitely change.