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I think the real problem with altcoins or majority of them is their short term goal view, not only that, even investors of alts also have this view which automatically either put pressure on some of the genuine alts devs or motivate some of them to want to take the easy route.
For instance, an alts project that is launched under 3 months and haven't achieve a x10, x100 or so is considered not performing even while trying to achieve their goal through development.
Btc has passes through stages of development and improvement in years but alts wants to achieve this within a short period.
One of the reasons why Tokens were introduced was exactly to answer this demand. People (both investors and developers) no longer care about the technology but care about making money and as fast as possible. Creating a token is very easy, quick and costs nothing. So they can release something to make quick large profit as people would buy it!
Yes, if there's something new and seen that it was the main trend then there's no doubt that there would be lots of things would be used or created on the same concept and idea.
We've been flooded out by lots of coins in the market and this is where coin/token creators or owners will really be that mindful on creating one because they do know that they could make money
if ever the community will really be that having the demand.
Of course as an investor, we should really be careful due to lots of scams and frauds that do happen in the market.
Dont make yourself get along or tagged with hype's.