About 99% of all Alts are just pump and dump coins. They are toys for traders and manipulators. Only a few Alts (including NEM) have real value, even if it has not been discovered from the most people yet.
It seems to me that all the ALTs are going down the drain!! Prediction that 80% of all ALTs will loose 80% of its value is coming true!
Yeah I lost a fortune on mediterranean coin because the asshole dev decided to leave. It was truly a unique coin.