Is it normal to invest in projects that VC's invested money on? And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
This seems to be one of those cycles in crypto, where new technology or new altcoins are sometimes able to replace old projects. However, not all of them, are because many new projects are only concerned with money without being able to develop and strengthen their fundamentals. So they find it difficult to develop and survive, and eventually failed.
However, that does not mean that old projects can be easily replaced, especially those with a strong team. Indeed, this time was not easy because business is cruel, sometimes they have strong fundamentals and a professional team. But they can be overthrown very quickly by the power of the project or other parties.