if there was no demand for altcoins you wouldn't have 100 retards forming "altcoin communtities" for every coin lol
it happens everywhere bro, with stocks you have imbeciles who ONLY trade TSLA (Tesla) stock because "they're gonna change the world and they care about humanity" and a bunch of other b.s
at the end of the day the only one who gets to ride round town with top hats and walking caines, looking like the monopoly man, is the brokers, institutional traders and elon musk himself
all the fools and tesla fanboys pony up all of their cash so that these guys can live lavisly
it happens EVERYWHERE