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I've been keeping my eye on some of these altcoins. Some of them trade higher than others, but some keep steady. Overall, there are more and more of them coming out and I'm not sure if they're helping the overall cause or diluting the idea of altcoins.
What makes a good altcoin? Like anything else it needs to have a perceived value. There are a ton of altcoins out there and I'm wondering if it's marketing that makes them known. For example: Dogecoin. It's cute. It has a meme. Will anyone really use it after the meme has faded? "much unknown".
I've had my eye on this whole thing for about a year, but really looking at it now. It seems like Bitcoin is the basis in which everything is compared to anyway so why bother making an altcoin? Fun? They've got to have SOME purpose.
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