Ethereum and it’s smaller “alt coins”

I’d like to start out with I’m pretty much a noobie. I’ve always invested in stocks and cryptos. I’ve recently 15X my investments in cryptos over the last month. But here’s a question I’ve been having that I can’t seem to find. I’m not sure if I’m wording it properly, I’m not sure if I’m looking in the right place, I’m not sure if I’m even onto something new and I’m just too dumb to find what I’m looking for.

A few months ago I was purchasing ethereum and immediately turning it into coins through uniswap like shiba, Klee Kai, saitama inu, and recently Mononoke inu. As of about a week ago I’ve been pulling the crazy profits slowly and leaving them as ethereum. As everyone’s seen ethereum has hit a pretty big/consistent spike in the last month. But why?

I know the basics, more holders, more use, equals a greater value. But it seems like people are using ethereum more as a token to transfer as opposed to using it as a hold. My question is,

Do the holdings of all these smaller tokens (Klee Kai, saitama, shiba) count as holders of ethereum in a way? Once again I’m a noobie so I’ll use some absurd example of what I mean.

Let’s say I spend 100 trillion dollars usd on ethereum, causing the price of it to go up a significant amount, and then I immediately dump that 100 trillion dollars into Klee Kai. Would this

A) return the price of ethereum to where it was because I pulled it all out

B) make the price of ethereum stay where it is because I purchased and hold a coin related to ethereum

C) the price of ethereum falls somewhere in between because of the use of the token in gas fees/network fees/ etc.

Sorry again if this makes zero sense as once again I’m a noob and pretty unintelligent but this has been a question I’ve been wondering and just genuinely curious about