I've noticed that most altcoin prices are lower now than before Trump's election last November. What happened in the meantime?

Several factors have contributed to this downturn:

1. Trade Wars and Tariffs: You may have noticed that Trump's imposition of tariffs on major trading partners, including China, Canada, and Mexico, has led to economic uncertainty. This has caused investors to shy away from riskier assets like altcoins, leading to significant market declines. 

2. Institutional Focus on Bitcoin: Major financial institutions are channeling investments primarily into Bitcoin. For instance, MicroStrategy recently purchased an additional $2.1 billion worth of Bitcoin, indicating a preference for the leading cryptocurrency over altcoins. 

3. Market Volatility and Security Concerns: It's also obvious that the crypto market has experienced increased volatility, partly due to significant security breaches. A notable example is the $1.5 billion hack of the Bybit exchange, which has shaken investor confidence and contributed to market instability. 

4. Regulatory Uncertainty: Last but not least, despite initial optimism, the Trump administration's lack of clear crypto policies has created uncertainty. The exclusion of digital assets from the administration's policy agenda has left investors questioning the future regulatory environment for altcoins. 

These factors combined have of course led to a tough environment for altcoin investors, contrary to the anticipated market boost following President Trump's election... So, in summary, I don't think Trump will pump your bags, I think it's even the contrary! However, it's only my opinion. Let me know yours...