Altcoins which is losely defined as cryptocurrencies not Bitcoin have seen a sharp decline in price . Most Altcoins have experienced a decline in price. Speculators despite bullish have noticed the fall in the price of altcoins according to coinmarketcap, a crypto listing site which monitors the price of cryptocurrencies from different crypto exchanges.As at the time of writing Bitcoin is currently trading at $31642.50. Despite the drop in price on cryptocurrencies some enthusiast are of the opinion that it helps remove bad players with no business model to there blockchain project. Recently we have seen the complete evaporation of Terra Luna although there has been a launch of a new Luna called the version 2 and at the time of writing there is still speculation on the market . Most analysts have not had full intelligence on investors sentiments in the crypto world.