altcoins will go up again when bitcoin gets back in a bull trend. This current correction has already taken out most of the froth from market so getting close to next big rise to start.
Ethereum can certainly go to $10000 or higher if there is big institutional money inflow in crypto sector raising total crypto marketcap into many trillions and these go mainstream.
If this means that coinbase will allow buying and selling of all the ERC20 tokens, then it is a huge positive news for the entire crypto market and will bring in huge amounts of money to all the ERC20 tokens.
This correction has been over since almost a month but the rise has been weak. Alts will rise big again once bitcoin starts going up and leads the way.
It can do that easily if crypto market gets a big rise like 2017 again this year. Many veteran crypto people are expecting a big rise so just holding and waiting.
There is no price pump in PRL ahead of the airdrop so should not be much drop if any. This coin is not that old or well-known anyway so most people do not even know about this airdrop.
Agree that it may be just for money laundering with the use of bitcoin word in coin name. Plenty of people will buy just because of the name or any hype.