Looking at the market caps of some of these shitcoins, I am somewhat surprised as to how valuable they are. I am not entirely sure how they got so much money invested in them (there must be a lot of suckers out there)
Because ground-breaking, paradigm-shifting, black-swanning, point-tipping disruptive technologies, brah. As a bitcoin aficionado, you should understand
I really don't think any altcoins have done any of the above. All they have done is tinkered with the protocol of bitcoin in a minor way, primarily by changing the protocol that the altcoin is mined, the target block time, the total supply and the difficulty retarget time