This market is completely crazy! I'm even afraid of what might happen in the near future.
It is no longer about who has a better crypto, but about who has a better marketing.
We have seen almost no developments in technology and the markets are crazy. How can a re-brand, or listing in a new exchange increases the price of a crypto at 100%?
We are losing a bit of the notion of reality. Let's enjoy it while it lasts, because there has never been such a distribution of wealth, but we are being driven by greed.
As for bitcoin, of course it is still the currency with the most recognition and security of all. But what matters is no longer the technology, but the easy gains. So I fully agree, that as soon as we see a new bear market in the altcoins, there will be a race to bitcoin, even because they have to go through bitcoin before going to FIAT.
I wish everyone could make a lot of money with the cryptos, but as you know, for some to win, some will have to lose. So take some profits off when you can, or at least activate a stop loss so you do not get caught off guard.