Altcoins are absurd. 99% are scams, vaporware or have no use-case. This is a full blown out Tulip Mania:
https://en.wikipedia.org/wiki/Tulip_mania ; Just a small heads up to those who do not know what happened with the Tulip bubble:

Even though I mostly agree... I find it quite funny and ironic that we are here talking about Tulips when that is the same they all were saying about Bitcoin some years ago

Sure... but bitcoin is different