I honestly don't believe anyone actually uses any of these alt coins. Covals main focus is instead of hype to get real usage and admittedly that usage is zero so far. So seriously is anyone actually using any of these platforms. I highly doubt it which means the whole thing is bullshit speculation and likely to crash.
i am glad to see others are also realizing this fact about altcoins. i was just reading another topic in this board about 10,000 altcoins and buying pizza with it! and it is the same story, nobody is really interested or capable of using altcoins.
i bet that less than 1% of a particular altcoin users actually own the wallet of that altcoin, they just buy and keep on the exchange until they dump it.