Damn near every coin that comes out is a scam, even if it has no pre-mine.
They are basically trying to scam people into putting money into a totally worthless wet paper bag for attackers to steal.
There is pretty much no chance they will ever be able to secure the blockchain so the whole concept is broken from the start.
Even DOGE has pathetically insecure blockchain, all that DOGE teaches us is how much hashing power an attacker could pop up with for free overnight simply by launching a meme. One "Hey wow lets PWN ALL the blockchains" meme could PWN them all, maybe even DOGE, except maybe litecoin (since DOGE did not manage to pop up overnight with enough hashing power to PWN litecoin).
So what DOGE showed is that it itself and all coins with less hashing power than it are all just scams sitting there offering people's money to who-ever comes along and PWNs the lot of them almost overnight.
-MarkM-
Hey mark I totally agree with you, especially the part about litecoin being resilient. I run the litecoin board over on reddit and watching doge was really weird. Its still weird. The first time it halved the hashrate did not really go down, there really is an overnight scrypt-NUKE for anyone savvy enough to market a coins launch. And hopefully ltc is a fallout shelter that can tank all
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