BTC = 16000$
DASH = 740$
ETH = 471$
LTC = 200$
BCH = 1400$
XMR = 260$
ZEC = 318$
I think they all are overvalued.
What is their real use to have so high values?
From my point of view everybody else wants to find the next goldmine as they see bitcoin price to be hto high other people want to get on board so they buy btc and trade for alts.
Litecoin, Bitcoin Cash - price might be going up since bitcoin have full blocks and people want faster and cheaper way to transfer their money; litecoin 200$! It was like 100$ last week o.o
XMR, ZEC - well privacy coins I think its okay for them to go up specially xmr
Dash - since they get money from miners (devs) they can hire marketers I've seen their ads rolling on google ads and others, they are tring to make everything simple for ordinary people to use crypto coins and since they have nice budged they can move a bit faster I suppose
ETH - I think we know the reason ICOs are being booming this year and many people trust vitalik and comunity of ethereum with their smart contracts
You forgot to put IOTA there as it is the also another coin that has risen in value from like 0.4 to 5$
