as usual many factors. What i can see:
-some people jump out for rising btc
-some real trashy (older) alts are overpriced. That has to come off at one point.
-some other (newer) trashy alts have recently been hyped with no end for no reason and took effectiveley a lot investors money away from the more desirable coins. Those pump-and-dump-par-excellance-coins, Animal and spam-coins are dumped of course and the only one profiting here was the early miners.
Cats, dogs, turtels, birds and fishcoin - nobody can remember them tomorrow i am affraid.
quality-alts will go back up and higher. Trash dumps. No problem.
as always: buy the panicsellers. all good. it's all going to go higher. Even the trash can go higher. I think we have nothing seen yet. Tbh i think this is only a very short decline. A little dip btc-wise. When btc is on the next plateau alts will follow in a day.
Think ltc: Maybe it went from .032 to .028 in two days but it will surely not fall below 18 or 20$ while btc is going up. So i don't think anybody is loosing big $ here. Probably only panicsellers loose like they always do.
Bottom line: don't buy hyped up meme-shit. It's really spam. I am holding on to my xpm and ltc.
nmc, ppc, xpm is still much higher than last week. They will not crash.
Cats, dogs, turtels, birds and fishcoin are petcoins
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
But
Tigercoin is wild and strong animal, and pretty good priced at lower level
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
Tigercoin deserves stronger pricelevel.
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
We will see.
At my charts every coins crashed, pumped and dumped: btc, nmc, ppc, xpm and every other coins. Let's speculate
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
Longest history of pumping and dumping has Bitcoin ofc
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)