Altcoins have a problem where the market makers will do everything they can to manipulate the market, and then pump the price in ways you wouldn't expect.
Take $SPK as an example, a lending project from MakerDAO, with a TVL of 7 billion USD, but only a market cap of 60 million USD after being listed on Binance. Clearly undervalued.
However, this coin just doesn't follow the trend and keeps adjusting. Then, during a three-day market downturn, it managed to pump three consecutive green candles, increasing sixfold.
Unless you hold onto altcoins, it's very hard to profit.
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