I'm following those coins from time to time and majority of them have very short life time, and after PnD only place where are they going is oblivion. Many people actually don't realise, that those stories are created only for BTC takeover and nothing more. In many cases behind those projects standing PnD groups, already known fact here.
That could be true. The litecoin is owned by very few people or the miners. These miners own lots of ASIC.