Most alts are worth Zero

[Badjasman]

I agree with you, most (99%) of the alts are worth zero dollars. This is because they have no working product (yet) and therefore represent no value at all. Their prices are purely based upon hype, speculation and the size of the community behind the coin. A lot of those coins will indeed go to a value of 0. Only the coins that will actually deliver their product and with that demand for their token will not die.

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[alient86]

The competition in the market is really huge, as they say, the strongest survive. People began to be more careful in choosing projects, so many projects are dying

[Kebokantahu]

All coins are worth what someone will pay for them.  While many coins will ultimately prove to be worthless, it's really important they ultimately have some sort of utility and a working product.  Many of the coins right now are either associated with early stage development products or are total scams.

Unfortunately the coin's price is not formed in this way, and there are projects whose coins are greatly overvalued. This negatively affects the market.

In the same list, you can add coins to the scam projects. In my wallet there are a few dozen coins that even have either zero or minimal value and are traded at best on little-known exchanges.

it's best to make your own list of coins for which the project is scam so that later it is easy to choose coins that have a high value. and even worse, a lot of coins that have been obtained from scam projects that are left behind after the completion of the payment and there is no market at all, surely the coin has no value at all because it does not exist in any market and inside wallet only becomes trash.

[surgexvb]

One should be able to distinguish real campaigns and those who want to make money quickly, most of them are now the second type, and if you can not distinguish them, then you will lose money and desire to invest.

[insidertradingeverywhere]

it is true, man. Most of alts just have landing page , idea and team of chineese guys. it is enough to raise money in most cases. Even giants don't release products

[bitcoinMyLife]

I agree with you, most (99%) of the alts are worth zero dollars. This is because they have no working product (yet) and therefore represent no value at all. Their prices are purely based upon hype, speculation and the size of the community behind the coin. A lot of those coins will indeed go to a value of 0. Only the coins that will actually deliver their product and with that demand for their token will not die.

Although I do not think that there is any such mechanism through which we can give a fixe amount of altcoin which are fixed, but still if we study the market , its look like that most of the altcoin are already dead while some are very near to die soon.

[Asukilp]

Every new undertaking are futile and inestimable since they have to amass finance at that point pay a trade for the others to have the capacity to offer and purchase their tokens available. Once in a while case that a venture will enroll their token to a trade before propelling their task since they have to set up a major measure of reserve.

[Mallequinn]

The market is saturated at the moment and I think that if the project amount keeps increasing at this pace it will only make the market drop even more, investors will need to be more selective than what they already are.

[konflikkastil]

You are right now that there are so many altcoins that have zero value when entering the market and make all investors lose their money ... but not all coins experience something like that ... about 6% of coins will give you lots of profit when entering the market even though all altcoins are experiencing price reduction

[skylar]

mostly it is just because they dont even release any product & just do some marketing to attract the investor. At least not at all altcoin are like this, I hope in the near future the things like this are not happen & just best altcoin that can survive. Off course I hope that someday altcoin or anything on this field are useful on daily usage.

[1goldhunter001980]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

I think the reason is a heavy competition of altcoins in cryptocurreny market in even today almost everyday the market introduces new coins to compete existing coins.

[Mr Batman]

but I am sure if you hold the price of the altcoin will definitely increase even though it takes a long time.

[No One]

What lies in failure of most of coins is their failure to do what they are established for. It seems that they are there only for money laundering or ways to attract investors and collect money. They need to do what they are established for. Only then people will start trust them and regulators will realize their importance and they will become stable.

[langaw2018]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Most of the people creating wallets in erc20 just to scammed other people. We should be vigilant of our funds online to protect coin we are holding. We should examine each coins before doing something to avoid scammer to enter in our private belongings.

[TheShobo]

It's very true and once people start realizing this I think we'll have a much better market and overall positive feeling about crypto.

[Oniichan3k]

Right. I think the team that created the projects tried their best to put their coin on the market, and then they let the market take care of it.

[tranquanganh10]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

[Sanderion]

but I am sure if you hold the price of the altcoin will definitely increase even though it takes a long time.

Yes, some altcoins will really grow in value in the future. But 95% of them will depreciate, as the developers will not be able to realize the declared functions. After all, most projects to date do not have a working product, and some do not even have a prototype! All their promises are in white paper and that's all they have!

[HichemFetoui]

and there is alot of project undervalued right now and a great opportunity if you invest in them good luck if you pick right project this is the bright side

[sanasara]

yeah the condition of market has become worse and worse it is falling too much no coin has its own value now a days there are some altcoins which has become zero and they are no more useful coins in crypto market.