In my opinion, there are already enough altcoins which are good and stable. I think that the coins which are new and created by random people have small to no values and they are used in small circles of people. I think that they are not even worth making or investing in them as they will probably be abandoned after a while.
Sure, there are some projects which succeed, but I think some are not needed.
What do you think?
Making a coin costs very little, supporting a coin on a continued basis requires more time and financial support which is why so many are abandoned.
Additional Requirements
Provide Tech support to new & current users
Patch/Fix any security holes that pop up
Keep at least 2 exchanges available for trading
Keep your coin network running, either with ASICS or PoS Nodes .
Keep up an active Block Explorer
Keep your coinmarket cap details up to date
Maintain the support forum on a daily basis
Be prepared to give up 80% of your time and a good deal of your Fiat income on a Monthly Basis in support of your coin, until it can support itself.
FYI: This Process is slow and takes years, not a few weeks , unless you can find a millionaire to add capital to your coin.
That is just a few things you have to do , there are more that I won't bother to mention.
Still want to make & support a new coin?